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Technology Stocks : SYQUEST

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To: Dale Stempson who wrote (5503)2/12/1998 10:51:00 AM
From: Joe Reich  Read Replies (2) of 7685
 
Hi Dale/Bipin -

Been awhile. Lot's of new names around these days. I have yet to go back into SYQT. Sold the last of my extensive holdings at $5 during the last big run-up. I went completely negative on Syquest when they once again screwed their customer base by basically obsoleting the very recent Syjet purchasers with the SparQ, which could have been made compatible (same cartridge footprint), but chose not to. Hence SparQ customers get to buy cartridges at about .03 per MB, while Syjet users, pay 50% more or about .045 per MB.

Did the same thing to their EZ135 purchasers. They seem to have a long history of abandoning previous customers. That's why they're having difficulty establishing a dependable customer base. It's not the technology, which is brilliant, it's the customer support, which is deplorable. BTW, they still never fixed any of the problems in the Syjet line.

I expect to see SYQT follow the PNCL death spiral over the next 12 months. Don't buy above $1!

Regards,

Joe
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