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Technology Stocks : SYQUEST

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To: Chris Sterner who wrote (5348)1/30/1998 4:09:00 PM
From: Michael Coley  Read Replies (3) of 7685
 
RE: Is SyQuest making money on SparQ?

Chris,

>> Are they making money on it? I'd assume that they are, but the margins must be narrow. <<

You've stumbled across the $64 million question there.

Why would you assume that they are making a profit on it? This product is more aggressively priced that anything they've released to date, and they haven't turned a profit in several years. [If you have anything to back up that assumption, I would love to hear it. I've been asking the same thing here for months and haven't heard a reasonable theory on how they can make money on SparQ.]

Good luck with your investment. I also am looking forward to their quarterly report sometime int he next couple weeks. I think the new EPS rules will be quite enlightening to many SYQT shareholders.

- Michael Coley
- wwol.com
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