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Technology Stocks : SYQUEST
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To: PerryA who wrote (4762)11/12/1997 5:27:00 PM
From: Joe Reich   of 7685
 
Hi Perry,

Yep, cashed in the last of em at $5 even (a little early, but better than 3 1/2).

w/regards to forward looking sales, I'd be inclined to agree, except that the Syjet has been such a dissappointment, sales-wise. Their revenues have been so low, it's hard to believe they even started with a "$26 mil backlog". I just don't know how they're gonna compete with the big boys at this late date. IOM and IBM both have competitive/superior products and much deeper pockets.

I won't go back into SYQT again unless it gets close to $1.

Good Luck,

Joe
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