SYQUEST Message Board - Msg: 1266570

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Technology Stocks : SYQUEST

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To: Joe Reich who wrote (2517)	4/25/1997 4:56:00 AM
From: Dale Stempson	of 7685

Re: The WIZ, Syquest and Iomega Joe, Syquest has recently made reference to Greyrock Business Credit as a "domestic bank" who extends them a line of credit. This appears to me to be significantly different from the WIZ's view, or perhaps Greyrock Partners is a totally different group. I'm still looking for more info and have not heard back from the WIZ. As far as Syquest making a run to $5 in the next 60 days, all I can say is that anything is possible. Keep in mind that we're playing with a new set of rules now that the shares outstanding are in the tens of millions. IMO, historical trading activity, daily volume and short-term trends are now mostly meaningless as a result. As far as Iomega heading for $12 or $10 in a severe market turndown, I would guess this would also be possible. IOM is not what you'd call a safe haven if the bottom started to drop out. In the mean time, I think we'll see it in the $18 to $20 range before we see SYQT hold above $3. Regards - Dale

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