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Technology Stocks : SYQUEST
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To: Gary Wisdom who wrote (4791)11/17/1997 11:59:00 PM
From: Robert L. Ray   of 7685
 
Well I didn't read to too carefully since it's sorta long, (238kb:) and I'm not a Syquest holder anyway but it looks like the jest of it is that their offering 40 million new shares at 3.75 or therabouts. I'm not sure if the shits gonna hit the fan or not because it seems like everyone already knew that they were going to issue a lot more shares. I'd still be *much* more worried about the Castlewood ORB if I were a shareholder. I know Syquest has them sued and is saying that the Castlewood Ceo and other employees stole technology from Syquest but sheese, this ORB looks like (on paper) it blows every competing product into the weeds. Hmmmm. So the ORB is (according to Syquest) based on Syquest technology. All I can say is if Syquest has the technology that the ORB was based on then why the hell aren't *THEY* out on the market with something just as technically superior???? The ORB (when it hits the market)will store 2.1G for approximatly the same price or slightly less than the SparQ; and the SparQ is only 1G. If this lawsuit falters or if Syquest doesn't get it's butt in gear it's going to be dead in the water. The SparQ is a good start but their going to have to do even better and their going to have to do it very rapidly. The performance level of the disk/removable drive market is a moving target and to win Syquest or anyone else will have to stay on top of the curve.
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