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Technology Stocks : SYQUEST
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To: john dough who wrote (1387)1/12/1997 7:53:00 AM
From: Bill Fischofer   of 7685
 
I agree that the need for storage will only grow.

But SYQT is in no position to capitalize on the opportunity. In conjunction with the MMX box announcements we saw Zip drives being OEMed. Jaz is already the standard in the digital audio and emerging digital video edit fields. Why do you think Sony, Roland, Avid, etc. are already onboard as Jaz OEMs? Who will switch from the market leader now? Especially when they know that a 2Gb Jaz will be out shortly?

It's not 1Gb vs. 1.5Gb. It's 1.5Gb vs 2Gb, and a company with a very questionable future vs. the market leader who grows stronger by the day.

As for SYQT stock, read the SEC filings. The reason the stock has been cut in half over and over again is that they continue to bleed cash and are dilluting the stock on a massive scale in an attempt to stay afloat. Not exactly a recipe for recovery.
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