SYQUEST Message Board - Msg: 4250305

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Technology Stocks : SYQUEST

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To: hankiba who wrote (6283)	4/29/1998 9:42:00 AM
From: Vincent Gordon	Read Replies (1) of 7685

I went back to February 11 to see what effect the negative earnings report and poor revenue growth had on the stock. The stock was up 1/4 prior to the earnings announcement. (Looks familiar!) Stock opened significantly lower the next day, did not recoup and closed around 2 1/2. (I am reading these numbers from a yahoo chart! Difficult to decipher.) The stock sold at the close last night for 3 on April 28,98 -- up 1/4 for the day. Any negative trades today will probably be temporary. I count at least twelve trading days during the last quarter that the stock has traded at or above 3. Granted, a lot of the trades were based on the mere hope that the SparQ would improve Syquests numbers. I believe these hopes were well founded and have been realised. Don't sell your shares if there is a very negative turn in the stock today. Sparq is selling well. Remember that OEM announcements are coming, Quest, and the Legend deal in China. During the last quarter the stock had less reason than it does now to reach 3 or better, but it did twelve times during the last quarter.

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