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

To: Dougerdad who wrote (5901)	3/17/1998 9:33:00 PM
From: Dale Stempson	Read Replies (1) \| Respond to of 7685

For all you SyQuest bulls out there, here's a good article from TSC posted on the IOM thread: Message 3743722 <snip> Interestingly, its high-end sales are being compromised by its main competitor, Syquest Technology (SYQT:Nasdaq). While Iomega still dominates the low-end, it still doesn't have a stranglehold on the high-end, which has traditionally been Syquest's domain. "Our new one-gig SparQ drive holds 10 times the capacity of the Zip drive," says Ed Marinaro, chairman of Syquest Technology. "Our price points are magic." The SparQ sells for $199, around the same price as Iomega's 100-megabyte external Zip plus. Howard Rosencrans, an analyst with HD Brous, says that Syquest's high-end SparQ and SyJet products are eroding Iomega's business. "Syquest is building excellent momentum in its SparQ and taking some sales from Iomega," says Rosencrans, who lowered his ratings on Iomega from a strong buy to accumulate in January. "After selling 38,000 units in its December quarter, I see them selling 200,000 units this year." (His firm did not participate in Syquest's or Iomega's public offering.) The early success of the SparQ has forced Iomega to lower its prices on its comparable product, the one-gig Jaz, from $399 to $299. <snip> Regards - Dale

To: Dougerdad who wrote (5901)	3/22/1998 12:16:00 PM
From: SAF	Respond to of 7685

Dougerdad, When do you see SYQT reaching 7-10 per share? Hopefully, within our lifetime. Seriously, when and on what basis do you see this stock rising to 7-10 per share? Thank you for you insight, SAF

To: Dougerdad who wrote (5901)	3/23/1998 2:47:00 PM
From: Mary Cluney	Respond to of 7685

Dougerdad,>>>Syquest is not as sexy as the market leader Iomega, but it's trading at a fraction of the other company's values."<<< Michael Murphy, editor of California Technology Stock Letter writes the following: >>>For Iomega to retain a broad market for its products among consumers looking for backup solutions, he thinks the company must drive its technology faster. Of course, Iomega's plan to boost demand through increased ad spending doesn't at all address this critique. <<< Iomega could have shut the door on competition for high capacity removable disk storage - but salesman, par excellence, Kim Edwards is more showman than technology visionary. He doesn't have a clue wrt technology. The door is wide open. Kim Edwards is an arrogant jerk. Syquest has to drive the technology faster, providing higher capacity, and stronger (more robust) reliability. The rest will take care of itself. Kim Edwards will self destruct - if shareholders don't can (oust) him before then. Mary Cluney