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


To: Gary Wisdom who wrote (5020)12/9/1997 7:35:00 PM
From: Dale Stempson  Read Replies (1) | Respond to of 7685
 
Re: >>>Dale, why do you bother discussing the number of outstanding shares?<<<

Gary, Yeah, the shares issue is an overdone subject, however my concern was not so much the shares as it was the accusation of misinformation. Besides, I trade SYQT quite often and enjoy participating on this thread. In addition to a few "bear" buddies, there are quite a few "bulls" I like to spar with.

BTW Gary, even though Syquest is hurting financially and the stock is overvalued, I wouldn't be so quick to trash what Syquest is doing with the SparQ. Given some warrant conversions to supply cash and a quick and efficient production ramp, the SparQ could very well end up with a small but significant piece of Iomega's future high-end pie. At a minimum I think it's safe to say that a great many of the SparQs sold represent lost sales for Iomega.

Regards - Dale