SYQUEST Message Board - Msg: 7136649

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Technology Stocks : SYQUEST

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To: Jonathan S. Feingold who wrote (7586)	1/6/1999 6:20:00 PM
From: Dale Stempson	Read Replies (3) of 7685

>>> If I own shares of Syquest, are they completely worthless now? Will I receive anything for them in the future? If not, how much of the monetary loss can I claim up to for a Tax writeoff. Why is the Syquest stock show on some stock pages at 11 3/8? <<< I believe we've answered your questions before, however: SyQuest shares are not currently worthless. Their value (or lack of it) has yet to be determined. You'll likely have to wait until the details regarding the pending deal are presented to the public. It is my OPINION that SYQT common shares will be deemed worthless. Today's press seems to support this. SYQT shares have been halted from NASDAQ trading for many weeks now. I must assume the 11-3/8 trade was simply an error. Regards - Dale

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