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Technology Stocks : SYQUEST

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To: Spaw who wrote (6235)4/28/1998 10:43:00 PM
From: Richard James   of 7685
 
" The netloss for the six months ended March 31, 1998 was approximately $70.7 million or a net loss of $1.00 per share as compared to a net loss of $47.1 million or a net loss of $2.30 per share in the same period last year."

Ignoring the effect of share dilution, we see that Syquest's six month loss increased from $47.1MM to $70.7MM, an increased loss of $23.6MM or 50.1%.

Since Syquest was just ramped up at the beginning of the recent quarter, one may choose to focus more on it than the six month period, but may be unwise to lose sight of it completely.

A question in my mind is how Sparq will do against the $99 ATAPI Zip? Sony and Orb remain Vaporware in my mind.

Richard James
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