SYQUEST Message Board - Msg: 1261892

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : SYQUEST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joe Reich who wrote (2514)	4/24/1997 3:27:00 PM
From: Dale Stempson	of 7685

Joe, Check out this post from the WIZ on the Iomega board: (Can anyone verify this info? I asked the WIZ, and will post his response if I receive one) ****************** To: Peter Futerko (20961 ) From: Steve Wiz Apr 23 1997 12:04AM EST Reply #20976 of 21056 ALL: Keep an eye on Syquest going forward. One of the most powerful venture capital firms in the world Greyrock Partners has been supplying Syquest with fresh capital as of late. The guys at Greyrock are seasoned pros and aren't in business to give their money away. These quys are shrewd investors. After talking with some associates Greyrock must be getting daily channel sales figures for the Syjet 1.5 and EZ230's. Greyrock would not give out VC funds on Syquests oath to pay it back. They have seen positive sales figures in the channel for these products thus allowing them to comfortably allocate VC funds to Syquest. Also, if Greyrock flipped Syquest for $5 a share to a larger disk drive maker it wouldn't be a bad return. Should be interesting to watch these quys and see what their up to. Obviously they see something that other market participants have overlooked. Steve ******************

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next