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Technology Stocks : SYQUEST

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To: gary rodgers who wrote (5778)3/3/1998 4:39:00 PM
From: Michael Coley   of 7685
 
RE: Clueless in Cyberspace.

Dear Clueless,

>> Iomega touts [sic] its own horn more than any company I've seen since Presstek. <<

You must not see many companies. Iomega is criticized by shareholders for not promoting the company enough. This is the first time I've seen ANYONE accuse them of over-promotion. Did you miss SyQuest's press release when they shipped 9,000 SparQ drives? Did you miss Imation's press release when they received a contract for 2,000 LS-120's? You need to get a new news feed.

>> said that it will never report its own sales of zip in increments of 1 million past the 10 million unit mark, but yet they have reported 11 million and 12 million <<

They made that announcement when they announced 11 million, but that they would announce on a quarterly basis and on significant milestones. 12 million was announced with the quarterly earnings statement.

>> They are in Koohotz [sic] with analysts <<

So why do analysts complain about not getting enough information, and why did the analysts miss their projections?

>> $100 million advertising campaign kicked off with 2 superbowl ads <<

You missed two. There were four.

And what does all this have to do with SyQuest?

- Michael Coley
- wwol.com
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