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Technology Stocks : SYQUEST

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To: Dougerdad who wrote (5491)2/12/1998 2:38:00 AM
From: Dale Stempson   of 7685
 
Re: >>>My guess is that SYQT will be purchased. A purchase solves many of IOmega's product issues and Syquest's management and production issues. The question is the evaluation for SYQT. I believe that it is at least $9 to $12. Any thoughts on this?<<<

I don't believe Iomega wants anything SyQuest currently has enough that they would be willing to buy them out rather than create the product themselves. As far as what SyQuest would be worth in a take-over, I would guess something like half of what your thinking.

Regards - Dale
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