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: Michael Coley who wrote (5349)	1/30/1998 4:54:00 PM
From: Robert E. Bruss	Respond to of 7685

Why would you assume that they are making a profit on it? This product is more aggressively priced that anything they've released to date, and they haven't turned a profit in several years. [If you have anything to back up that assumption, I would love to hear it. I've been asking the same thing here for months and haven't heard a reasonable theory on how they can make money on SparQ. ============ Well I'd think that a company with Syquest's financials certainly wouldn't develop and market a product like the Sparq if they can't make money on it. How many more money losers could have and still be viable? What would be the point of that exercise? Btw, I have an internal Sparq and am very happy with it so far. Excellent replacement for that stupid/slow/ihateit Iomega tape drive.

To: Michael Coley who wrote (5349)	1/30/1998 5:59:00 PM
From: Dale Stempson	Read Replies (1) \| Respond to of 7685

Re: >>>I think the new EPS rules will be quite enlightening to many SYQT shareholders.<<< You ain't just whistlin' dixie

To: Michael Coley who wrote (5349)	2/7/1998 10:12:00 PM
From: Cogito	Read Replies (1) \| Respond to of 7685

>>I also am looking forward to their quarterly report sometime int he next couple weeks. I think the new EPS rules will be quite enlightening to many SYQT shareholders.<< Michael - I'm not sure the new rules won't help SyQuest's report look better. The new rules mean that positive earnings look smaller, but they will also help a loss seem smaller. I expect SyQuest to report fully-diluted numbers only, instead of both sets of numbers, for that reason. We saw this same effect on last quarter's report. Losses per share were significantly lower than the previous quarter, because many more shares had been issued. - Allen