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Technology Stocks : SYQUEST
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To: Joe Reich who wrote (3079)6/25/1997 9:58:00 PM
From: Stephen Leung   of 7685
 
Seagate Deal?

I'm with you on this one. Seagate's stock is performing dismally lately. An acquisition in Syquest would propel Seagate into the growing removable market and give them the EZ Flyer line, Syjet, and the Rocket Technology. At these prices, Syquest is worth about $80 - 100 million.( not including any accumulated debt). I think a steal at this price. And a big plus is an entry in China and other eastern markets.
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