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Technology Stocks : SYQUEST

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To: Kent Sarikaya who wrote (4352)10/15/1997 4:51:00 PM
From: Ken Chapman   of 7685
 
Kent, I didn't mean to imply that you were spreading rumors, I only mentioned that I had heard a lot people were buying Syjets. What I'm waiting for is a confirmation of that, some earnings from Syquest. So far they've only lost money. Volume really dropped off today, and it appears that no one's selling. The next big news (good or bad) should really have an effect on the stock. I wouldn't wait for 3 though, 4 seems to be a more realistic entry point given current conditions. There is a lot of speculative money in Syquest now waiting around for Comdex and better than expected earnings (hopefully). Time will tell, this one could really take off but they've got to produce. Regards, KC.
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