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Technology Stocks : SYQUEST
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To: PerryA who wrote (2627)5/8/1997 3:43:00 PM
From: Dale Stempson   of 7685
 
Re: "Stock obligations of 114.9 million common shares"

I am impressed that Syquest is still able to attract new financing. This is certainly good news for these folks.

IMO, the dilution issue is still a major problem; as Syquest pointed out in their press release:

<<<Addtionally, as of May 8, 1997, SyQuest had 43.5 million shares of common stock issued and outstanding. Assuming conversion of all preferred stock, exercise of existing warrants, and fulfillment of other existing commitments, the company has total stock obligations of 114.9 million common shares.>>>

Regards - Dale
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