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Technology Stocks : SYQUEST

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To: Dale Stempson who wrote (4862)11/29/1997 11:19:00 AM
From: Maher Sid-Ahmed  Read Replies (2) of 7685
 
Did I make also a mistake regarding IOM shares to be 800 million shares after the split? Anyway, I see no point in all the comparison between SYQT and IOM or any other removable storage media company. SYQT is a speculative buy, and no one can tell which way the stock price will be heading on average in the next few weeks. Same thing could have been said about IOM when it was trading below $4. IOM has a rather high P/E and any failure to meet analyst expectation will cause this share to tumble quickly. Companies with much higher sales, much lower P/E such as SEG and QNTM lost close to 50% of their capitalization after one bad announcement.

Maher
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