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Technology Stocks : Sequent

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To: professor who wrote (1227)8/19/1999 8:26:00 AM
From: RockyBalboa   of 1229
 
dailynews.yahoo.com

Sequent Stock Drops After Report Questions
Accounts

BEAVERTON, Ore. (Reuters) - Shares of Sequent Computer Systems Inc.
(Nasdaq:SQNT - news), which has agreed to be bought by IBM, fell 14 percent Wednesday after a report in a local Oregon paper questioned the company's accounting.

In response, the company issued a strongly worded statement calling the story ''patently false.'' ...
____________________________________

Well, premarket (8:00) SQNT is up at 16.25
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