SYQUEST Message Board - Msg: 4490252

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : SYQUEST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Richard James who wrote (6424)	5/17/1998 2:07:00 PM
From: Moe B. Loney	Read Replies (2) of 7685

Dear James, If I am a short seller then it is because I feel that Syquest is over valued due to their product revenue. Is it not a fact that Syquest has huge financial problems at this time? Is it not a fact that they are selling stock at Par value? Is this the sign of a company that is on it's way up? I don't believe so. The only run that this stock will probably have is the sucker rally that the MM's will use to get you to buy more as they short it to you. Syquest has a long road ahead to get to at least a break even point. With product problems that I currently see, they will lose sales as more people like myself move to other technologies. One such product that I'm watching right now is the Castlewood* "Orb". Will Syquest improve? I don't know but I'm getting tired of waiting. * castlewoodsystems.com Moe

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next