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


To: Michael Coley who wrote (5159)1/2/1998 11:48:00 AM
From: Dale Stempson  Read Replies (1) | Respond to of 7685
 
Michael, As usual you continue to provide good information and comments here. Thanks. I agree that is extremely unlikely that Syquest will be buying back any shares. They'll need every penny they can get their hands on to continue product ramping and marketing expansion plans. IMO, the race to watch is between burning cash and increasing production levels to achieve profitability.

I expect that by the end of this quarter we should have a pretty good indication of how this thing might play out. If Syquest announces major increases in SparQ demand and/or a return to profitability expectation date, then there might be a glimmer of hope here. If not, well, I guess we'll get an education on how far a company can continue to dilute their stock before the walls cave in.

Regards - Dale