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

To: RagTimeBand who wrote (5602)	2/27/1998 10:31:00 AM
From: RagTimeBand	Read Replies (2) \| Respond to of 7685

Story on CMP Net SyQuest's Fate Hangs On SparQ (02/23/98; 10:34 a.m. EST) By Gabrielle Jonas, TechInvestor SyQuest Technologies, written off for dead by Wall Street, veered off course by chasing a competitor, but analysts say the company could rebound if investors are willing to wait. ...... <snip> Analysts agree that the stock will not be in good shape for some time -- if ever. "I would still characterize the stock as extremely speculative," Tenney says. "I think there's opportunity there. They're still losing a substantial amount of money. Do I think they're a lost cause? No. They've got an opportunity here to succeed." But profitability involves a wait on the part of investors, he adds. "Profitability is some time away -- at least six months, I would imagine." Chance for SyQuest's comeback: Fair "I think there's opportunity there. They're still losing a substantial amount of money. Do I think they're a lost cause? No. They've got an opportunity here to succeed." -Patrick Tenney, analyst, BA Robertson Stephens Complete story at techweb.com