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Technology Stocks : SYQUEST
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To: Frank Drumond who wrote (4238)10/12/1997 12:30:00 AM
From: Dougerdad   of 7685
 
A SYQT buyout from IOM? Judging from threads and IOM's failure on the Jazz product, a buyout would not surprise me. IOM has 200X the
distribution channels and marketing might of Syquest. With
storage requirements accelerating, people need GB+ removeable products. If
Jazz aint happening, then a purchase of Syquest may
be a great strategic move.

But at what price? Low of $10, high
of $20; it depends on how badly IOM needs them and the
forecast for removeable in that segment.

With 26 million shares traded yesterday, There has to move than
an up quarter in the cards.

Thats my 2 cents. (I did buy SYQT at $4.25;
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