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Technology Stocks : SYQUEST

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To: Ken Chapman who wrote (4382)10/15/1997 5:03:00 PM
From: Kent Sarikaya   of 7685
 
Thanks Ken. I'm watching this one closely. Your words of advice are appreciated. I'm trying to catch up with all that is going on with Syquest and gee it sure looks like it could go either way. Both sides make good points. It's tough for someone new to Syquest for investing.
Owning an ezflyer 230 makes it easier to believe it will turn around.
I've been very happy with it and it has paid in time saved restoring files and the like.

Their debt worries me and the points people are making about the profit margin being low. To put out equipment as proposed at those prices, their profit margin can't be that high. How many units will they need to sell to make a good impact on earnings?

For now, I want to get in just for a quick trade before the rise just before COMDEX. After that, I might just hold a 1,000 shares for longer term, depending on what happens at COMDEX and next earnings report.
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