SYQUEST Message Board - Msg: 1970080

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Technology Stocks : SYQUEST

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To: Stephen Leung who wrote (3708)	8/14/1997 10:31:00 AM
From: PerryA	of 7685

Re: Debt & Revenue Stephen, you may have missed some earlier posts regarding SyQuest debt. SyQuest's long-term debt now stands at about $8 million which is quite low. The alleged "high debt" BS was propagated by a couple of Zip-heads who came over to dump on SyQuest. Regarding revenue for last quarter, I suspect that some of it was due to clearing out stock in the channels to repackage the SyJet for the 3 Gigabyte deal. This is just a guess, though, as I have not seen how the new deal is packaged. If the new marketing campaign goes well, I hope to see at least $50 million in revenues for the September quarter and at least $75 million for the December quarter. Regards - PerryA

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