Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: D.J.Smyth who wrote (34060)	10/30/1997 4:15:00 PM
From: Gary Wisdom	Read Replies (2) \| Respond to of 58324

Re: Syquest (couldn't resist) Here is the link to the Syquest earnings (or lack thereof) report: biz.yahoo.com Note that the company raised $20 MM in the last quarter due to the exercise of warrants. At $3.06/share, this is 7 MM shares of stock. Guess the investors thought that selling them at $6 was a better investment than Syjunk!!! Notice the financial chicanery as their loss widened, but loss/share decreased. This company, with $7MM cash, will be out of business by December. Guaranteed.