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Technology Stocks : SYQUEST

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To: Dale Stempson who wrote (4147)10/10/1997 3:07:00 PM
From: TheInvestor   of 7685
 
Yes, it was just covered, the reporter said that Syquest has a speculative product called SYJET, it will have fierce competition with
Iomega drives. SYQT was raised by an analyst from a HOLD to MODERATE BUY. They called it the "IOMEGA FANTASY" where syquest could grow much in the same path IOMEGA did. The reporter acknowledged that Syquest has a difficult path ahead to go out of its debt situation into a profitable situation. Syquest has new management that does not care to speculate when the new drives will be available. The reporter labeled this stock as "VERY RISKY". That in a nutshell was what he said.

Regards,
Ben
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