SYQUEST Message Board - Msg: 3409729

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Technology Stocks : SYQUEST

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To: Dougerdad who wrote (5491)	2/12/1998 1:04:00 AM
From: Andrew Shih	Read Replies (2) of 7685

>>Syquest's technology is much better than IOmega's. My guess is that SYQT will be purchased. A purchase solves many of IOmega's product issues and Syquest's management and production issues. The question is the evaluation for SYQT. I believe that it is at least $9 to $12.<< Are you trying to imply that Iomega would buy SyQuest? My only question is how many actual shares of SYQT are floating around. It seems to be around 70 million, but I've heard estimates closer to 150 million. At $5 a share, that's 350 to 750 million for SyQuest's products. I'm sure IOM or any other company could develop comparable products for far less R&D dollars. -Andrew

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