SYQUEST Message Board - Msg: 5135197

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Technology Stocks : SYQUEST

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To: Rocky Reid who wrote (6830)	7/8/1998 6:48:00 PM
From: Maher Sid-Ahmed	Read Replies (1) of 7685

A drop in price to $1 1/8 or even less than a dollar does not signal bankruptcy. There are many companies that dropped even lower than a $1 and now are trading at above $10. Take for example GMGC (General Magic), it traded as low as $1 and now it is $12+. I predict the same will happen with SYQT. It is all a matter of time. AAPL was considered doomed and traded as low as $12, now it is $32+ and on its way to its old high of $80. NSCP was considered doomed at $14 (just a few months ago) and now is trading at $37+. YHOO was $16 and now trading $180+ and with sales of less than $100 million. Syquest has excellent products, is selling world wide and gaining market share in the removable disk drives. The CEO predicted that they will break even not in the coming quarter but the one proceeding that. The coming quarter, I guess, will be much better than the previous quarters, based on the popularity of their SparQ. Maher

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