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


To: magick who wrote (5824)3/12/1998 12:38:00 AM
From: Dale Stempson  Read Replies (2) | Respond to of 7685
 
You said it: "Syquest can't make enough of the drives."

We know they only made 40K units in the first 6 weeks when they had a stated capacity to produce 50K. The problem apparently was not resolved in the subsequent 6 weeks as they once again produced another 40K units.

It is clear they have both the financing and the intention to sharply ramp production in the second half of this quarter. It is unclear whether they have solved all the problems that caused them to come up short during the first 3 months of production.

If the currently rumored April 10 delivery date for most SparQ product backorders is correct, it would seem Syquest is still having problems.

In any case, the EdHeads aren't telling their shareholders anything (positive or negative), so I guess you'll continue holding long and I'll continue trading. Good luck to us all.

Regards - Dale