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Technology Stocks : SYQUEST

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To: Raptech who wrote (6922)8/4/1998 1:22:00 AM
From: Dale Stempson  Read Replies (2) of 7685
 
RE: "Down the tubes"

>>> I have a question for the teckies. I have been shopping for an external drive and Syquest looks to be the best value. What happens to their products if SYQ goes down the tubes? <<<

Rap, I wouldn't hesitate buying a SyQuest product because of this for a number of reasons:

1) I really don't believe SyQuest will go bankrupt any time soon. Even if the SparQ falls short of expectations, the EdHeads next step IMO would be to cut back severely and restructure. They should be able to keep the company as a going concern for quite some time to come, although probably a much smaller one. (Hey, these guys haven't pulled out all the stops yet, and then there's always those nice salaries they'll want to protect! <g>)

2) In the event SyQuest were to "go down the tubes," their technology would still be worth something. I think someone would buy it and support at least the SparQ and SyJet for a time.

3) In any case, if you saw the writing on the wall, you could always stock up on enough disks to last you until the next hot product came along. After 3 or 4 years, your old SparQ will seem like a dinosaur anyway and then you'd have a good excuse to give your wife as to why you need to buy that new 3MS 1-1/2" 20GB removable just introduced from... <g>

Regards - Dale
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