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

To: Dougerdad who wrote (5491)	2/12/1998 1:04:00 AM
From: Andrew Shih	Read Replies (2) \| Respond to of 7685

>>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.<< Are you trying to imply that Iomega would buy SyQuest? My only question is how many actual shares of SYQT are floating around. It seems to be around 70 million, but I've heard estimates closer to 150 million. At $5 a share, that's 350 to 750 million for SyQuest's products. I'm sure IOM or any other company could develop comparable products for far less R&D dollars. -Andrew

To: Dougerdad who wrote (5491)	2/12/1998 2:38:00 AM
From: Dale Stempson	Respond to of 7685

Re: >>>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?<<< I don't believe Iomega wants anything SyQuest currently has enough that they would be willing to buy them out rather than create the product themselves. As far as what SyQuest would be worth in a take-over, I would guess something like half of what your thinking. Regards - Dale