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Technology Stocks : SYQUEST

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To: Dale Stempson who wrote (2521)4/25/1997 9:32:00 AM
From: Ashok (Ash) Mansukhani   of 7685
 
Dale, your point,
"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."

I completely agree. With the millions of shares outstanding today, this baby can only move in small increments. I do however see a $5 stock price coming shortly after earnings via a 10:1 share consolidation. This will give the company's stock some respectibility in terms of being marginable from a retail investor's, and ivestable from an institutional investor's viewpoints.

I do see this company having a future and giving IOM a run for their money.

Regards...Ash
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