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Technology Stocks : SYQUEST
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To: Kent Sarikaya who wrote (4456)10/18/1997 2:38:00 AM
From: Triluminary   of 7685
 
Kent,

Point is they aren't spending $35 million. The shareholders are the ones footing the bill...

In an unusual arrangement, the firm is being compensated almost entirely in warrants that can be converted to stock. Silakhan officials said they stand to earn "seven figures" or "nothing" depending on the success of their efforts.

Analysts applauded the campaign, but said it may not save the company, which still has a long way to go to catch chief rival Iomega Corp.


Regards,

mark_b
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