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Technology Stocks : SYQUEST

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To: John T. Hardee who wrote (4961)12/5/1997 10:43:00 PM
From: Gary Wisdom   of 7685
 
Re: Come on down.. SYQT is having a good day at the market. up 3/32

John,

This is what happens when you have what's called "hubris"

Syquest down for the day today. The shorts suckered 3.6 MM "investors" into paying too much for this stock so they could increase their short positions.

A fellow Syquester, Rocky Reid, time and time again has come on the Iomega thread foretelling the downfall of this company. I held off on responding to him each time he came on until the end of the day. Then, each and every time he posted (and was soooo wrong) I responded to him.

The moral of the story: next time you give the "all clear" signal, I would recommend waiting for the fog to clear completely.
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