SYQUEST Message Board - Msg: 2432484

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Technology Stocks : SYQUEST

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To: Joe Reich who wrote (4286)	10/13/1997 5:04:00 PM
From: Bipin Prasad	of 7685

Joe and all, moneynet.com 10/13 15:12 RESEARCH ALERT - SyQuest <SYQT.O> upgraded NEW YORK, Oct 13 (Reuters) - HD Brous & Co Inc said on Monday it raised its rating on shares of SyQuest Technology Inc, which makes removable computer storage products, to a speculative trading buy from neutral. -- Analyst Howard Rosencrans said in a research note that industry sources indicate SyQuest would soon announce a 1.0 gigabyte removable drive at a breakthrough opening price point of $199.95. -- "We believe that the market potential in the removable segment for a 1.0 gigabyte product at this price point is potentially very significant," he said. -- The company would likely position the product as an alternative to Iomega Corp's <IOM.N> "Zip" and "Jaz" drives, the firm said. -- Shares fell 11/32 to 5-11/32. BPP(Bipin's partner)

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