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

To: Kenneth Yeh who wrote (4686)	11/5/1997 7:59:00 PM
From: Kunal Taravade	Read Replies (3) \| Respond to of 7685

Agreed, Kenneth, I too am going to sell my shares (although I made a decent profit over the last 6 mos) tomorrow. This company is full of BS (IMHO) and is really only worth about 75 cents/share given the crazy amount of shares they have. To justify this valuation, with the slim margins they have they will have to sell >50 million SPARQs next year, which will happen when hell freezes over. Best Regards, Kunal

To: Kenneth Yeh who wrote (4686)	11/5/1997 8:15:00 PM
From: Dale Stempson	Respond to of 7685

Kenneth, I can understand your frustration. I am a little surprised however that you weren't aware of the full extent of the share dilution. I thought some of us Syquest bears were doing a pretty good job at keeping the thread properly warned. I'm glad however that the Motley Fool chose to issue their comments - perhaps a few more investors will do their DD and read those boring but informative SEC filings before plunking down their hard-earned cash on a stock like Syquest. BTW, FWIW, My calcultations currently show Syquest shares "accounted for" well in excess of the Motley Fool calculations. If you were to also add in current and future (very near future) management, employee and director stock options, the number really gets out-of-hand. So, it's no secret why the EdHeads need to increase the authorized to 240 million (and their portion as well), they've simply run out of the "paper money" you spoke about. Perhaps that reverse stock split Joe mentioned is closer than we think. Regards - Dale