SYQUEST Message Board - Msg: 2415047

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Technology Stocks : SYQUEST

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To: Dale Stempson who wrote (4185)	10/10/1997 6:18:00 PM
From: Ken Chapman	of 7685

Dale, and Frank: 2 calm voices in a sea of speculation. I gave this stock to my broker back in February when it was trading around 2. I have a substantial number of shares at around that entry point. Just yesterday, the one and the same broker called to tell me that I should jump on the Syquest bandwagon, and that he was accumulating at 3 3/4 and up. He had actually forgotten that I touted him at 2. I declined to buy more, and told him that I'd like to see some real earnings first. Remember "Irrational exuberance"? I think SYQT is much riskier now (being diluted now about 4 times since my initial purchase) than when I bought in at 2. I'm sure we will see a sharp decline soon. At that point I may buy some more. Sold some today at 5 1/2, and I'm in a can't lose situation currently. These "momentum" plays never cease to amaze me. Funny, my broker didn't even look at the stock when it was at 2. He'll probably tell me about Fonar next week. I gave him that one when it was 2 1/2. Regards, KC.

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