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Technology Stocks : SYQUEST
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To: Michael Coley who wrote (4049)8/7/1998 10:16:00 AM
From: Michael Coley  Read Replies (1) of 7685
 
RE: SYQT well under $1

On October 4, 1997, I said:

>> I still expect to see SYQT stock well under $1 within a year. There's no sign that they'll ever be profitable again, cash is being burned at a very fast rate, dilution will soon catch up with them, and Iomega's new products are driving that final nail into SyQuest's coffin. <<

I think the current levels qualify. Sure wish Datek would have let me short them when they were at $3.

- Michael Coley
- wwol.com
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