SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Gary Wisdom who wrote (36196)11/17/1997 11:03:00 PM
From: Linda Pearson  Read Replies (1) | Respond to of 58324
 
Gary, all: Japan up 2.04% Hang Seng down .96%.

ok, not too bad....

Seat Belts on??

I'll throw this in for good measure:

vectorvest.com

Linda



To: Gary Wisdom who wrote (36196)11/17/1997 11:04:00 PM
From: Frank Drumond  Respond to of 58324
 
>Ed Harper, President, has registered 40,000,000 for sale!!! Boy, there's a vote of confidence.<

Gee, sounds like he's cashing in his chips. Doesn't look like he'll be there much longer.



To: Gary Wisdom who wrote (36196)11/17/1997 11:05:00 PM
From: Gary Wisdom  Respond to of 58324
 
Here's the link and excerpts to Syquest 8K filing

sec.gov

Approximate date of commencement of proposed sale to the
public:
As soon as practicable after the Registration Statement becomes
effective.

The inability to raise additional financings when
needed and continued losses could impact the Company's
ability to maintain its listing on the Nasdaq National
Market in the future. Should the Company fail to meet
such listing standards, it may be delisted from the
Nasdaq Stock Market.

UNCERTAINTY OF MARKET ACCEPTANCE OF PRODUCTS.

The Company's future success will depend upon
market acceptance of its new products and upon the
Company's ability to establish its new products as
industry standards. In December 1996, the Company
began shipping its SyJet 1.5 Gigabyte Removable
Cartridge Hard Drive (SyJet) product line. While the
Company believes that the SyJet product line has been
favorably received by the marketplace, there can be no
assurance that the level of acceptance will continue or
grow. Through March 31, 1997, SyJet production was
constrained by industry-wide shortages of critical
components and other production shortfalls. On
November 3, 1997, the Company announced its SparQ 1.0
Gigabyte Removable Cartridge Hard Drive (SparQ) product
line. The Company anticipates first customer shipments
to occur in November, 1997. The initial acceptance of
the market place for SparQ has been favorable, however,
there can be no assurance that the level of acceptance
will continue to grow. On November 10, 1997, the
Company announced its Quest 4.7 Gigabyte Removable
Cartridge Hard Drive (Quest) product line. The Company
anticipates first customer shipments to occur in
December, 1997. The initial acceptance of the
marketplace for Quest has been favorable, however,
there can be no assurance that the level of acceptance
will continue to grow.

While the Company believes that the EZ Flyer 230
will continue to be a contributor to the Company's
revenue in the near future, there can be no assurances,
in the face of increased competition and higher
capacity solutions, that the demand for the EZ Flyer
230 will continue at current levels.

During the
1996 fiscal year and fiscal 1997, the Company
experienced disruption in its supply of certain
components for a number of reasons including, industry
wide shortages and the shortage of cash to pay
suppliers.



To: Gary Wisdom who wrote (36196)11/17/1997 11:05:00 PM
From: D.J.Smyth  Respond to of 58324
 
GMan's Cohen likes midcap stocks, discounts Asia affects:

biz.yahoo.com



To: Gary Wisdom who wrote (36196)11/17/1997 11:07:00 PM
From: D.J.Smyth  Read Replies (1) | Respond to of 58324
 
sounds like Harper is letting the market pay his kid's college tuition bill



To: Gary Wisdom who wrote (36196)11/17/1997 11:13:00 PM
From: Linda Pearson  Read Replies (1) | Respond to of 58324
 
Gary, hey, this could be for a second home...
(next to Gate's)

<Ed Harper, President, has registered 40,000,000 for sale!!! Boy, there's a vote of confidence.>

ooops

Linda