SYQUEST Message Board - Msg: 2755951

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Technology Stocks : SYQUEST

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To: Dale who wrote (4802)	11/18/1997 11:46:00 AM
From: RagTimeBand	of 7685

Dale >>Maybe competition is threatening their little empire.<< The following was in the Syquest 8K: "Accordingly, the Company believes its products will face increasingly intense competition. In particular, a consortium comprising Compaq Computer, 3M, OR Technology and Matsushita-Kotobuki Electronics Industries Ltd. has announced and is selling the LS120, a high capacity floptical drive that is compatible with conventional floppy disks. Each of Mitsubishi Electric Corp. and Mitsumi has also announced that it plans to manufacture a high capacity, floppy drive that is downward compatible with existing floppy diskettes." While Syquest presented this as competition for Syquest, it sounds more like competition for the Zip. Perhaps a Zip killer. Regards - Emory

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