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Technology Stocks : SYQUEST

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To: Craig Kaltner who wrote (1585)	2/25/1997 9:09:00 PM
From: Stephen Leung	of 7685

Obviously somebody took advantage of prices at $1.75 Somebody bought in and I believe it is the momentum players. The volume trading is trending up. This is always bullish short-term. They may actually break-even or produce a small profit next quarter. I wanted to get in at prices below $2.00 but declined. The BYTE magazine rated the Syquest as having superior technology over the Jazz drive. It rated the Syjet as having similar performance and speed as Jazz. However, they had a beta model with only 256K of cache. Other bullish indicators: Syquest says it will release product enhancements to the Syjet later this year. They did delayed release of the EIDE version of the Syjet later this year. (another failure and expectation lost). I wonder if there are takeover rumours going around?? Western Digital, Quantum or another hard disk manufacturer?? This makes for an interesting story.

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