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Technology Stocks : SYQUEST

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To: PerryA who wrote (2994)6/12/1997 6:02:00 PM
From: Joe Reich   of 7685
 
When I saw the news piece this afternoon, I thought for sure it would give the stock a small push - maybe tomorrow. Considering last quarter, $25 mil is very significant. Don't forget, a significant portion of their recent revenue decline has been in European sales. Getting that moving again is critical. Even if the $25 mil is only a third of their total sales worldwide (WAG) between now and the end of the year, that would represent $75 mil total in the next two quarters or more than double last quarter's number (on a quarterly basis). Personally, I think they'll do even better than that. The 25 mil question, though, is will there be any positive earnings this year?

As someone once said: "Thats millions, not thousands..."

Joe
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