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Technology Stocks : SYQUEST
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To: Moe B. Loney who wrote (7505)11/17/1998 11:25:00 PM
From: Dale Stempson  Read Replies (1) of 7685
 
More press from CNET:

news.com

Here are a couple of interesting snips:

"The company, which at one time held the No. 1 position in the portable storage market before falling far behind Iomega, had $36.9 million in assets at the time of its bankruptcy filing, but was $85 million in debt."

"SyQuest's largest unsecured creditors are Akashic Memories and StorMedia, which are owed a combined $1 million, said Tobias Keller, a SyQuest spokesman."

Regards - Dale
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