SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SYQUEST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Sebastian who wrote (4027)10/4/1997 3:14:00 PM
From: Michael Coley   of 7685
 
RE: SparQ too good to be true?

>> If this SparQ stuff is true watch out! So much for just <<
>> competing for the high end of the removebale market. <<


Watch out removable market? How about watch out fixed disk market! At $33/Gig, it's considerably cheaper than fixed disks.

Maybe it'll even reformat AOL disks to store a gig of data on them, too. <G>

If it sounds too good to be true, it probably is.

I still expect to see SYQT stock well under $1 within a year. There's no sign that they'll ever be profitable again, cash is being burned at a very fast rate, dilution will soon catch up with them, and Iomega's new products are driving that final nail into SyQuest's coffin.

The eternal SYQT bear,

- Michael Coley
- i1.net
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext