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


To: Dale Stempson who wrote (5489)2/12/1998 12:49:00 AM
From: Peter Hausmann  Respond to of 7685
 
Today's trading was rather confusion, to say the least.
I really expected a sell-off towards the end of the day.
I sold all my shares (for a small profit) today for 2 reasons:
1. large short position
2. SparQ contributed only to appr 1 month (dec 97) of the revenues.
Guess, I will be buying tomorrow or whenever it falls below $2.-



To: Dale Stempson who wrote (5489)2/12/1998 12:56:00 AM
From: Dougerdad  Read Replies (2) | Respond to of 7685
 
Let them tank SYQT. I may buy more.

Syquest's technology is much better
than IOmega's. My guess is that SYQT will be purchased.
A purchase solves many of IOmega's product issues and
Syquest's management and production issues. The question is
the evaluation for SYQT. I believe that it is at least $9 to $12.

Any thoughts on this?

Regards,

Dougerdad



To: Dale Stempson who wrote (5489)2/12/1998 11:06:00 AM
From: RagTimeBand  Read Replies (1) | Respond to of 7685
 
Dale

>>I'm curious if you or anyone here will be buying or selling tomorrow based on tonight's report?

FWIW, if I were long, I would consider selling in the AM if it gaps down 1/2 point or less, and then look to start buying back at a lower price later.<<

I'm pretty bad at trying to do timing trades (for example, when I bought FDC and SYQT). Thus I'm going to stand pat. Might be time to buy a case of Ripple. :-[

Regards - Emory