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Technology Stocks : SYQUEST

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To: hoffy who wrote (4227)10/11/1997 4:36:00 PM
From: Ginn   of 7685
 
I will buy more if it drop back to 4's because I did'nt buy enough.

Remember back to last year. People have been rush to buy AMD and claim that if AMD can steal 10% of market share from INTC with new chip. That's enough to make AMD fortune. So the stock have climed from $12 to $47 with earning negitive. And a lot of brokers started to make positive comments about AMD. At the time, if I have followed the trend, I would make big money. But I did'nt buy into it because I believe AMD will not steal anything from INTC. Now everybody have seen the result that AMD just claim the loss current quarter.

But I feel Syqest in different way. Syqest has its own technology and the product has been always better then IOM.(I did't know the history why SYQT would loss ground to IOM two years ago) But this time I smell the turnaround. If people like the product, they will buy it and they don't care whether it's IOM or SYQT.(INTC have been on the market for long time, not like IOM only three years or so) Besides, CPU chips is more important than storage drive. people more rely on INTC than AMD. But IOM and SYQT are the same to people who just think about getting storage drive.

I am not quite sure whether Syqest will deliver 1GB to comete with Iomega, but I personally feel 1.5GB will make more sense since it can store 2 CD-ROM capacity.

BTW, hoffy, Can you post those website so I can look into those articles.

Any people in this thread have any comment, please tell me more about company so I can understand SYQT better. I really like to find out why SYQT lost the war ground two years ago. Thanks
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