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


To: Troy Shaw who wrote (4588)10/31/1997 3:17:00 PM
From: Dale Stempson  Read Replies (1) | Respond to of 7685
 
Re: Reported Loss $17.5 or $29.0 million?

Troy, The EdHeads have done this before, with the year-to-date loss difference due to the give-away warrants now in excess of $40 million. IMO, the way they communicate this information is (once again) very misleading to the average investor.

Regards - Dale



To: Troy Shaw who wrote (4588)10/31/1997 3:58:00 PM
From: Cogito  Read Replies (2) | Respond to of 7685
 
>><<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.<<

Troy -

It just depends on what time of day you do the calculation. SyQuest has 8 million shares more outstanding as of today than they had at the end of the quarter, just a few weeks ago.

- Allen