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Technology Stocks : SYQUEST

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To: hankiba who wrote (6402)5/15/1998 7:45:00 PM
From: Maher Sid-Ahmed   of 7685
 
Hate to dissapoint you but this stock is going no where but down. Since the CEO was given stock options at a strike of $2 3/16 that would be inferred by the market as a bearish outlook on the company by insiders. If the strike price was $5 or better then the situation would be quite different. I hold just a very small position (as a speculative buy) and will sell ASAP and never think of rebuying or adding to my position. Once the ORB is out in the market Syquest will become a company on its way to expiring, especially under its present incompetent CEO. Same goes to Iomega because of threats from competing products by Imation, Shark, Nomai, etc.

Maher
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