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Technology Stocks : SYQUEST

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To: PerryA who wrote (3447)8/1/1997 3:07:00 PM
From: D.J.Smyth   of 7685
 
Perry, I believe it would be wiser to wait until after earnings to buy SYQT. If earnings are as expected, then $1 point is not going to make you rich, but if the earnings are flat to modestly higher, then you've saved yourself the trouble/concern. You also could ask yourself 'how good do earnings need to be in order for SYQT to run back to $4 or $5?' And 'to what extent is the current trading in SYQT mostly related to simple momentum plays and not long term holders?' We'll see Monday.
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