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Technology Stocks : SYQUEST

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To: nestegg who wrote (1564)2/24/1997 8:09:00 PM
From: Monir Mamoun   of 7685
 
I originally started buying SYQT in August around 10, and unfortunately averaged down at couple times at 6.5 and 5 before finally bailing out around 3. I was very optimistic about the company's prospects, buying the stock on the expectation that the company would follow through on its promises to start shipping the SyJet drive in September... I mean, October. No, make that November. Wait a sec, December. Hold on, January. Er, February? March maybe? Who knows.

All I know is that I would not consider touching this stock again until I see a shelf-full of drives at Computer City. That means, realistically, that the stock is not worth touching until June, at best.

Monir
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