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Technology Stocks : SYQUEST
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To: buzzlite who wrote (5799)3/6/1998 9:58:00 PM
From: Maher Sid-Ahmed  Read Replies (1) of 7685
 
You are better off to phone syquest at (510 226 4000) to obtain information regarding the 4.7 GB removable drive or anything else. You cannot depend on information provided by the bulls or bears on this thread.
I talked to the IR officer at Syquest and this is the information I have:
1. They have tripled their production and increased their manpower in their Far East factory by 500 employees.
2. The Quest is being beta tested by their OEM's and will go in production by the middle of next summer.
3. Management has been buying loads of SYQT shares.
4. The company does not predict when it will return to profitability. This is a volume dependent business and when they can bring the production level to meet the demand level then we may see a positive ROI.

Please phone the IR officer to verify for yourself.

Maher
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