Jeffrey, regarding insider buying: Notice that (a) the amount of shares purchased is not that great, (b) that the dates of purchase closely coincide with each other and (c)that this small amount reflects the individuals only position in Syquest, i.e., 2000 shares purchased by Robert Fisch on August 8, 1997 represents his only position. Secondly, notice that one director, Richard Kramlich on April 1997 was allowed to purchase $5,000,000 shares of Syquest for $1. Mr. Kramlich no doubt was given this option in return for his helping Syquest with debt financing. If you were Mr. Kramlich, what would you do at this point in time seeing that you've now realized a 500% return on your investment, i.e., is $5,000,000 investment is now worth $25,000,000? I know what I'd be at least thinking about doing - selling. I don't know, this scenario of insider buying doesn't look that healthy to me.
Name Title Action Amount Price Total Own
08/29/97
FISCH, ROBERT VP Buy 2000 $2.406 2000
J.
MARKS, GARY Ex VP Buy 5000 $2.406 5000
S.
08/27/97
CLEMENS, SR VP Buy 1000 $2.440 1000
MICHAEL
08/27/97
HARPER, EDWIN PR Buy 11800 $2.468 11800
08/26/97
COREY, BOB L. Ex VP Buy 2000 $2.375 6500
08/25/97
MARINARO, CB Buy 10000 $2.468 11614
EDWARD L.
04/30/97
KRAMLICH, C. DIR Buy 5,000,000 $1.00 5,000,000
RICHARD
09/17/96
IFTIKAR, SYED CB Sell 226,623 $6.125 255,378
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