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Technology Stocks : SYQUEST

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To: Jeff S. who wrote (3978)9/30/1997 7:16:00 AM
From: dwight vickers   of 7685
 
Hello to everyone here!

Took a small position in SYQT shares yesterday based on the recent insider buying. Plan to add to the position on any decline to have a trading and investment position.

I have also noted with interest the recent 1/2 page ads in the Wall Street Journal. Maybe some of that "expensive" financing is being well spent.

Read the last couple of hundred posts but found less technical analysis of product than I would have liked. Oh well.

Primary factor for my investment is that David Coleman of "Vickers Weekly Insider" (no relation) just added SYQT to his "Risk Portfolio". I have been following insider buying for 20 years, and "Vickers" for almost that long. The track record is impressive.

I am a little surprised due to Syquest's checkered past and financial situation that he would invest, but a buy signal is a buy signal, I guess.

He is getting precious few of those. Insider selling in the market is getting to "dreadful" levels to quote Coleman.

In any case I would be happy to post the complete remarks from him regarding his purchase if anyone would like.

Good luck,

Dwight
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