SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SYQUEST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joon Song who wrote (5632)2/22/1998 3:30:00 AM
From: Andrew Shih   of 7685
 
>>As the legacy cartridge revenue continues to shrinks down to zero, I think SyQuest's gross margins could actually get worse in the coming quarter. (Consider they're already negative 25%, that would be quite a feat.)<<

I agree...if the horrible Q4 gross margins were NOT because of SparQ
start-up costs, then SyQuest will be dead and buried fairly soon (6 months).
If, however, it was from $5-10 million of start-up cost, then the
SparQ is SyQuest's last ditch attempt at survival.

-Andrew
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext