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Technology Stocks : SYQUEST

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To: Gutterball who wrote (5260)1/23/1998 12:35:00 PM
From: HVN  Read Replies (1) of 7685
 
Dan, given your technical profile, I'm rather surprised you were SO careless with your data and subsequent analysis of SYQT's financial expectations.

According to reports, there are 3, and NOT 1, analysts following SYQT. The -$1.01 EPS expectation is for the entire year and NOT for 1Q98. And the $1.85 EPS is for next near, and NOT for 3Q98. If SYQT reports selling 50K units in 1Q, and they wholesale for about $150 each, they'll do about $7.5 million on hard drives. I'm guessing they're not going to make much margin on this - they must be selling it at cost hoping to make it on the disks. I guess the rest flows from here.
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