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Technology Stocks : SYQUEST

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To: Gary Wisdom who wrote (6403)5/15/1998 10:13:00 PM
From: Dale Stempson   of 7685
 
RE: Shares outstanding

From the 10-Q for reference:

"Assuming the conversion of all outstanding preferred stock, the exercise of outstanding warrants and the fulfillment of other existing commitments to issue common stock, approximately 80 million additional shares of common stock would be issued based on existing preferred stock and warrant balances outstanding as of April 30, 1998. Total shares outstanding at that date were approximately 95 million, providing a total of 175 million common shares outstanding if all convertible preferred stock is converted and warrants and options are exercised."

Regards - Dale
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