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Technology Stocks : SYQUEST

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To: Gary Wisdom who wrote (6274)4/29/1998 3:14:00 AM
From: Dale Stempson   of 7685
 
CC Information (#3)

Demand is soaring for SparQ

Better integration of different departments

Operations and sales are working well together

Hit internal quarter targets exactly for revenues

Gary Jones doing a good job

Expect increase in demand and sales

New retail distribution partners

SyQuest products now available in over 2400 more locations, 3 times more than a couple weeks ago

Very little revenue from these outlets in 3/31 quarter

Competitors had decreased demand for their product while our experience was opposite

Demand is outpacing manufacturing growth

Lower channel inventories than our objective

Still seeing only a small portion of real SparQ demand

Build capacity increased 2x for drives and 3x for carts

500K build plan for December quarter

SyJet strong even with SparQ out there

Improving yields and simplified manufacturing

Continued to ship Quest evaluation units

Overall OEM business progressed well in quarter, significant announcements to come in the quarter

Website hits increased 70x

Regards - Dale
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