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Technology Stocks : SYQUEST

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To: Lou Vasselli who wrote (1470)2/5/1997 8:15:00 PM
From: Stephen Leung   of 7685
 
The 2 GB might be seen in 3rd quarter or year-end. This is what seems to be likely according to all the talk.

Regardless of this, Syquest stock held up remarkably today considering the carnage on NASDAQ. It seems the bottom is being reached for this stock and speculators are buying in hopes Syjet sales will take off.

The Syjet is the better candidate of a second harddrive than the Jazz. The specs says it all, almost 50% more capacity (allowing it to back up most +1GB harddrives these days), faster speeds, and that cache of 512K is incredible value for your money. People are cost picky, and if you get more for your money in both capacity and performance, the Syjet will take a dent out of Jazz drive sales.

Furthermore, people will not be too concerned of compatability with other users. Who is going to share a 1.5GB cartridge? other than musicians/graphics people. (which the drive is market niching for anyways).
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