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


To: MoonBrother who wrote (5713)3/1/1998 1:59:00 PM
From: Michael Coley  Respond to of 7685
 
RE: What do you want to hear today?

>> SyQuest may be able to turn things around soon, though. "SyQuest has a completely different management and marketing team, and they've improved manufacturing processes dramatically," said Yale. "Yields are way up from a year ago, and a lot of money is going into marketing the products now." <<

These people should get their stories straight.

1) "SyQuest has a completely different management"? Most of the upper management has been there about a year.

2) "Improved manufacturing dramatically"? That's the first I've heard of it. What evidence do they cite? Is SparQ a more durable, reliable product that SyJet and EZ230? Are they able to build it consistently and meet demand? I just don't see any evidence.

3) "Yields are way up from a year ago"? According to SyQuest's quarterly report, "a short-term yield loss on SyJet cartridges" was one of the problems they faced.

4) "and a lot of money is going into marketing the products now"? According to reports from the conference call, they'll be drastically reducing their marketing budget this quarter.

Who are we to believe? Or which version of the story, I should say?

- Michael Coley
- wwol.com