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Strategies & Market Trends : Shorts waiting to happen

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To: Cadaver who wrote ()6/3/1996 10:26:00 PM
From: rfisher   of 852
 
hello cadaver! what is your opinion on shorting Syquest?

i have the following thoughts: #1. many people are mentally trying to make Syquest into the next "son of Iomega"; #2. Iomega is a fast train going 100mph - Syquest and others are hoping that their "turtle" can catch up; #3. perception is sometimes everything - Syquest is considered a "loser"; #4. technology changes daily - read/write 650meg CD drives are now in the $750-$800 range - an external 1 gig hard drive is now $250; #5. Syquest is in shambles - does anyone actually think that this company can market this questionable product in such a way as to save the company? #6. the market on Syquest ran up today strictly from the herd instinct of hopes that this new product might save the company.

what are your thoughts on WRLS? will it gap up in the morning? will it hit 10 or more?

regards,

rfisher
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