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

To: Dale Stempson who wrote (4659)	11/3/1997 9:29:00 PM
From: Joe Reich	Respond to of 7685

Hi Dale - Staying way clear of SYQT right now. Might be a good candidate for a straddle - go long and short simultaneously - I think we'll break five again before the next collapse. Can't imagine much of a rally with 240,000,000 shares coming down. They'll probably do a reverse split before too long - maybe one for four - get the float back down to 60 mil or so. Earning were worse than my wildest expectations. I still can't believe they're basically doing a rerun of the EZ135 fiasco with the Syjet. Product's out less than six months, with no revenue/earnings improvement and they're already obsoleting it (economically). I bought CPQ Friday at $64 - looking for $100 yet this year. A lot less risky than SYQT! DATM has recovered nicely and RATL will double in less than six months. NUKO's been a big dissappointment - still hangin in there, at least they don't have much stock out - kinda like SYQT in early '96 when it went from $5 to $18 in less than a week. Regards, Joe