SYQUEST Message Board - Msg: 2425373

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Technology Stocks : SYQUEST

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To: Joe Reich who wrote (4248)	10/12/1997 7:40:00 PM
From: PerryA	of 7685

Re: "I can's believe I've joined the bears on SYQT!!!" Ditto. After being consistently bullish through spring and summer, I finally sold ~1/4 of my position on Thur and another ~1/2 on Friday. I may sell the rest tomorrow. My basic belief during my time of bullishness is that the market cap would at least return to over $300 million in the near future based on at least 1 times peak sales. They have now reached that level in a speculative frenzy, and I cannot see this holding up for long when investors realize there may be 30 or 40 million outstanding warrants excercizable at $3.06 per share. Having nearly double my money, I am content to lock in my profits. I am still bullish on the products and prospects for a turnaround, but I believe the price has now gotten ahead of itself. In any case, good luck to you and everyone else. Regards - PerryA

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