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Technology Stocks : SYQUEST

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To: RagTimeBand who wrote (3547)8/4/1997 6:03:00 PM
From: Michael Coley   of 7685
 
Full detail of Reuter's story:

NEW YORK, Aug 4 (Reuter) - SyQuest Technology Inc said it was unaware of reasons behind its share price movement on Monday, but it believed awareness about the company and its products had increased recently.

The company said it had launched an aggressive new marketing campaign this weekend. SyQuest also reiterated that it considered a patent lawsuit filed against it by Iomega Corp IOM.N to be without merit.

Iomega has filed a complaint in U.S. District Court in Delaware, accusing SyQuest of infringing on its patents and trademarks.


- Michael Coley
- i1.net
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