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Technology Stocks : SYQUEST -- Ignore unavailable to you. Want to Upgrade?


To: Michael Coley who wrote (4561)10/30/1997 5:01:00 PM
From: Ken Pomaranski  Read Replies (2) | Respond to of 7685
 
I can't believe this!

How can you invest in a company that reports losses about equal to
sales, decreasing yearly AND quarterly sales, and probably not enough cash to get by for another quarter? EPS loss was 1/4 last year because there are 4x the number of shares outstanding! (about 60 million at last count)

Please post here with your responses, because I am very interested..

kp



To: Michael Coley who wrote (4561)10/30/1997 5:03:00 PM
From: PawPr  Read Replies (1) | Respond to of 7685
 
The market liked the fact that new products will be introduced at COMDEX. The market looks forward, not backward, and the chart looks positive despite all the negative talk on this thread. There's a big short position in this stock, and they might get a little nervous over the next few weeks.



To: Michael Coley who wrote (4561)10/31/1997 2:41:00 PM
From: Troy Shaw  Read Replies (2) | Respond to of 7685
 
Michael,

<<RE: SyQuest Reports $25.9M Revenues, $17.5M Loss, -0.54 EPS.>>

How odd, my calculator says that -$.54/share * 53,806 shares = -$29.06M.

Makes you wonder what calculator SyQuest uses.