SYQUEST Message Board - Msg: 2401344

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Technology Stocks : SYQUEST

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To: Raven McCloud who wrote (4098)	10/9/1997 2:51:00 PM
From: Rocky Reid	of 7685

Syquest is a sick company, no doubt about it. But the most intersting thing I can think of is how they've managed to stay in business for about 2 years now. Any company that can face this much adversity and still stay in business I have to take notice of. SYQT stock has a strong tendency to explode upward in price on any piece of good news it gets. This fact lends me to believe that the Street likes this company and stock. The opposite can be said of Iomega. It has to fight for every advance tooth and nail. Making money on SYQT is easier than IOM. Plus, SYQT technicals are very, very strong.. check it out... iqc.com trading above moving averages on heavy volume, strong consolidation above 3.7, stochastics look great... etc. etc. This stock is primed for a big % move up to it's 6 resistance level.

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