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Technology Stocks : SYQUEST

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To: John T. Hardee who wrote (5014)12/9/1997 11:48:00 PM
From: Michael Coley  Read Replies (1) of 7685
 
RE: Number of SYQT Shares - Real Data.

John,

>> Who is telling you that Syquest has committed shares to someone before they were authorized. This is negative hype with no supporting information. Some people will say anything to cause a short in the stock.<<

Who is telling? SyQuest is. From their 11/12 press release, "Of the increased shares, approximately 32 million shares will be used to satisfy warrant commitments from prior financing rounds". Where I come from, 120+32 = 152 million shares committed.

>> Lets see you or Michael Coley produce one shread of information to support your knowledge about commited share before the share were authorized right now. <<

See above, and my message from about a month ago where I referenced the press release:

Message 2708315

>> what is your objective on your "don't quote news" with your boy Coley ready to verify the info at 153 million when he posted his reply to your comment JeffM. <<

Sorry, the 153 million was from memory. It looks like it's really just 152 million. <G>

- Michael Coley
- i1.net

P.S. Dale, thanks for explaining in my absence. I just got home from work about 45 minutes ago, so I couldn't respond in a timely manner. I certainly don't mind hearing someone say "prove it". I try to always back up my posts with confirmed data, or clearly state if it's only my opinion. I respect people who question messages that appear to be purely speculation or hype.

I mean, who can blame the guy for doubting? Without seeing the numbers in black and white, who would believe that SYQT has gone from 11 million shares committed to 152 million shares committed in a matter of months?
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