SYQUEST Message Board - Msg: 3559119

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Technology Stocks : SYQUEST

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To: MoonBrother who wrote (5671)	2/28/1998 10:04:00 AM
From: jach	Read Replies (2) of 7685

<<Those 11mil shares of shorts are among the scariest people on the world this weekend. If half of them are forced to cover between $3 to $4, we will have powerful base for SYQT>> hard to understand the logic for people who short 2, 3$ stocks. There is not much to gain and the potential loss is unlimited. For stocks that are in very high-growth areas such as syqt, things can turn positive in a short time frame. One is looking at very large % of lost if these 2-3$ stocks go up just a few dollars. In high-tech arena, there are many cases and not uncommon to see certain products or technologies took-off and boosting the related stocks to large multiple gains. Imagine syqt going up just to 10$, and it can happen in the type of potential mkt where there are zillions of PCs.

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