SYQUEST Message Board - Msg: 3066959

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Technology Stocks : SYQUEST

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To: Michael Coley who wrote (5155)	12/31/1997 12:28:00 PM
From: Michael Coley	Read Replies (1) of 7685

RE: SyQuest 10-Q Comments on Iomega board: FYI, there are several comments over on the Iomega board. Here are some of the more substative ones: Message 3063440 Included in the new SYQT 10-K filing from this afternoon is word that SYQT is being sued over the use of the "SPARQ" name by the good people at "SPARC" International Message 3064187 Rocky hopes SYQT dips to $2 per share so he can buy more. He says "Wall Street loves SYQT, and wants it to succeed." Message 3064628 Interesting how they have $25MM loan due and payable in March. Wonder where they're going to get the money? More shares perhaps. Message 3065966 Message 3066098 John Solder and Gary Wisdom comment on the negative gross margins on EZ135 and ability to compete with Iomega. Message 3066115 Management may have to entice existing warrant holders to exercise their warrants by offering discounts to the contractual exercise price and/or issuing exchange warrants at market or negotiated discount exercise prices Message 3066190 Zebedee Wright, Jr. comments about the 10-K and proposes that SYQT shareholders would be better of in Vegas or Atlantic City, where they would at least get free drinks while their losses mounted. Message 3066283 How to spell dilution. Message 3066502 Talk about a lose-lose situation; Syquest lost money selling these drives, and the customer loses because she/he bought a drive that is sure to disappear from the market in no time. - Michael Coley - i1.net

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