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


To: KM who wrote (4872)11/29/1997 11:40:00 PM
From: Dale Stempson  Respond to of 7685
 
Yeah, that October period presented some great opportunities. I was trading so fast and often I didn't have time to do much posting. Since then it seems to have fallen back into a more familiar trading pattern. Over the past couple weeks its drifted back to low 3s and there's a tempting argument for a small upward bounce. My gut tells me that we're moving lower for the short term however. In addition, I'm watching for any news about SparQ which could provide a play.

On another note, I wonder if Iomega were to take a brief hit next week as a result of the Barron's article, whether we'll see any sympathy move from Syquest.

Regards - Dale



To: KM who wrote (4872)11/29/1997 11:40:00 PM
From: Michael Coley  Read Replies (2) | Respond to of 7685
 
RE: SparQ Channel Check - Arlington, TX.

I don't recall seeing any confirmation here on the thread that SparQ is actually now in the channel. I saw some tonight at Fry's in Arlington, TX.

SyQuest has an end-cap with EZ-230 ($149), SyJet ($299), and SparQ ($199). There were about 10 Parallel SparQ's. (No other versions.) There was also a full pallet of EZ-230's on the floor. There are no SparQ disks available for at least another week. The clerk told me that they would be about $25 each in a five-pack (first I've heard of a five-pack!), or $35 each individually.

Incidentally, Iomega had two end-caps. One showcased Jaz and Zip, while the other was entirely Zip Plus. There were also a couple partial pallets of Zip and Zip Plus on the floor. There were plenty of Zip Disks on the shelves.

Trufflette: You should reconsider your short on SYQT. If SYQT goes bankrupt a couple years from now, you've only made 100% on your money in a two-year period. You can do better than that (can't you?)! (Or do you think that they'll go under sooner than that?)

- Michael Coley
- i1.net