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Technology Stocks : SYQUEST
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To: Cogito who wrote (4865)11/29/1997 9:05:00 PM
From: Maher Sid-Ahmed  Read Replies (1) of 7685
 
<In the meantime, one of the larger points you missed is that Iomega is actually making money, and their earnings continue to increase. The same cannot be said of SyQuest.>
I agree. Same can be said about SEG, QNTM and others. They are making money. One slow quarter and the market pulls them down quickly. The market has no expectation from Syquest at the present time. If you bought SYQT at $2 (which I did) and sold when it went to nearly $6 you would have tripled your money. I think SYQT will go up on expectation and maybe drop after that. It is, like IOM and most of the tech stocks, a good trading stock.

Maher
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