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


To: Mr. Pink who wrote (5547)2/14/1998 11:05:00 AM
From: Rocky Reid  Read Replies (1) | Respond to of 7685
 
>>Even if it does survive there are so many shares out that even at 2 bucks the stock is grossly overvalued. Mr. Pink is staying short until the shares, inevitably trade to zero.<<

You could be right. On the other hand, you could lose your shirt. SYQT has proven itself as very volatile and able to explode to the upside. This stock is like playing with fire, long or short. As for trading to zero, I wouldn't count on it. Syquest is a survivor. They probably should have been out of business long ago. But here they remain.



To: Mr. Pink who wrote (5547)2/14/1998 5:37:00 PM
From: KiddStock  Read Replies (3) | Respond to of 7685
 
Interesting! Perhaps a look at IBD ratings this week:
EPS REL STR ACC/DIS
IOM 73 20 !!! C
SYQT 87 89 A
ALSO, see elsewhere in SI topic discussing removable drives.
Trying to out-guess what the Bd of Dir has in mind for the future takes a crystal ball. Technically, SYQT is struggling upwards, IOM is plummeting.
Is this chat room is plagued with IOM loyalists who wish they could kill competitor SYQT with propaganda??