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

To: Dale Stempson who wrote (4589)	10/31/1997 7:31:00 PM
From: Troy Shaw	Respond to of 7685

Dale, <<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 >> If you think about this, you realize that here is direct proof of future "earnings" dilution caused by SyQuest's money raising campaign. Here you see that SyQuest has payed out in the past $40 million dollars for the cost of their financing. Even if at some point SyQuest actually achieves gross margins in the 29% range, previously issued warrants are going to continue to eat at any "earnings" SyQuest achieves for some time. Of course, on top of that there are the additional shares...