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

To: RagTimeBand who wrote (4704)	11/6/1997 11:25:00 PM
From: Tom W.	Read Replies (1) \| Respond to of 7685

news.com Not sure if this has been posted yet. Pretty good article. CDW (www.cdw.com) is already listing the SparQ, but backordered.

To: RagTimeBand who wrote (4704)	11/6/1997 11:28:00 PM
From: Paul Mathis	Read Replies (2) \| Respond to of 7685

"In addition, we will extend the installation of SyQuest products to the other 900,000 institutions and schools all over China." Can I assume that since you quoted this, you have some reason to beleive that the schools "all over China" have the electrical infastructure to power PC's, and that the overall hits the far east economies have been taking will allow them to continue construction on the long term hydroelectric generation plans currently on paper to put electricitity thru out the country. I read recently that the hope was to increase power from 400,000 families in Beijing to 1,000,000 by the end of next year. I'm not sure if that was electricity or natural gas. Either way, if Beijing proper is just now getting on line, it seems a stretch to think that schools throughout a "feudal" country will deploy PC technology on such a wide spread basis. I will be interested in what your take is on this. Regards.

To: RagTimeBand who wrote (4704)	11/7/1997 5:28:00 AM
From: Dale Stempson	Read Replies (1) \| Respond to of 7685

Re: Syquest in China What is not mentioned in the "China" press release is that Syquest signed an agreement last year granting Legend exclusive distribution rights in the PRC. This was part of a larger plan to partner with Legend in a joint venture production plant in the PRC. We do not know the terms of these arrangements. We do not know much Syquest had to give away in terms of profits. We do not know the current status of the joint venture. We do not know if the letter of intent from China's State Education Commission required that drives be supplied from the joint venture plant. While I would agree that the EdHeads are attempting to sell large quantities of drives in the PRC, it appears no progress has been made since the June 4th press release, and even if the sales are eventually made, we still have a number of unanswered questions including what it would mean to Syquest's bottom line. Regards - Dale