Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Joon Song who wrote (5203)	1/9/1998 6:33:00 PM
From: Michael Coley	Read Replies (2) \| Respond to of 7685

RE: More SyQuest SEC Filings Today... freeedgar.com 8K: Yet another list of the venture capitalists wanting to dump their shares. 3A: Exchange of debt for stock. (Looks like a different company than SAE.) They're both very, very long. I just took a quick glance through. There are probably some good tidbits for those willing to read. One thing I noticed is this: In both documents, they say that they shipped Quest in 12/97. This is the first that I've heard about an actual shipment. Wouldn't that be broadcasting that over all of the newswires? Also, the SPARC hearing is on 1/26/98. - Michael Coley - i1.net

To: Joon Song who wrote (5203)	1/9/1998 6:52:00 PM
From: Dale Stempson	Read Replies (1) \| Respond to of 7685

Re: >>>Anyone know how this gets accounted for on the balance sheet (or quarterly reports)? Say if SyQuest pays SAE half in cash and half in stock, do they report their cost of goods as just the cash that was paid? Or do they report cash + market value of the stock?<<< I think it's safe to assume that Syquest will report both the cash + some value of the stock in their cost of goods. Who knows whether it will be valued at market prices or not. Regards - Dale