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Technology Stocks : SYQUEST
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To: Bipin Prasad who wrote (3898)9/19/1997 10:13:00 AM
From: Michael Coley   of 7685
 
RE: SyQuest YTD Performance.

>> It's Interesting you picked the Highest Price(in feb) to make your point. <<

I've been very bearish on SYQT, but I've never stooped to distorting numbers or spreading FUD. I resent the implication.

I had eyeballed the 12/31/96 closing price from Yahoo's yearly chart (guessing 3 3/4). I just checked the number and found that I was pretty close:

12/31/96 SYQT:

Volume: 1,471,600
Open: 4 1/16
Low: 3 5/8
High: 4 1/16
Close: 3 11/16

Current price is 2 7/8. That's a decline of 13/16, or 22% YTD.

You can say all that you want about potential future returns on SYQT, but when you say that SYQT has been a "darling of darlings in 1997", there are numbers that you have to be accountable to.

Still, I wish you the best in your future returns on SYQT,

- Michael Coley
- i1.net
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