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


To: Bucky Ransdell who wrote (5479)2/11/1998 5:25:00 PM
From: Andrew Shih  Read Replies (1) | Respond to of 7685
 
>>
>>SyQuest Technology (SYQT) 3 5/16 +1/4: manufacturer of removable hard drives reports a 1st qtr loss of $0.57 a share, narrowing its loss from the yr-ago of $0.86.<<

That's an interesting way to put it, considering they lost three times
as much money this time as they did in Q1 1997.<<<<

Well, that's what we get in this age of EPS. I'm actually surprised
at the low number of shares outstanding <g>. Notice how LT Debt
and Shareholder's Equity is lumped together on their balance sheet.
I wonder how much below zero that SE is...

-Andrew



To: Bucky Ransdell who wrote (5479)2/11/1998 5:53:00 PM
From: KiddStock  Read Replies (2) | Respond to of 7685
 
Yes, Bucky I'm afraid I'm in for a long hard ride with this baby - 5 3/8
is my cost and I expect it will drop back below 3 tomorrow because of the 33% drop in sales. I thought they were increasing sales!

Does any one out there see any redeeming hope for this one?