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

To: Michael Coley who wrote (6163)	4/16/1998 9:58:00 PM
From: JP	Respond to of 7685

1. "the PC mag item has been out for a while - I'd say the bump from that has already been realized." I'm looking more at the results of the article. I believe that this article will be responsible for mass purchases by consumers. It should build enough confidence to convince Iomegan's, etc. that it's OK to purchase the product. 2. "If SparQ doesn't prove to be profitable in quick order, it's very likely that they'll be bankrupt within 2-3 quarters." This is obviously no secret. The risk of this happening will be much clearer after the next earnings report. Mass insider buying very rarely occur's in companies that are likely to go under in that time frame. 3. "I know that new technologies don't produce enough wins in the stock market to justify the dollars spent betting on them. Sure, somebody might make some money, particularly the earliest guys, but when we look back a year from now we won't find any winners worth investing in. If the technology is fabulous, then it will be copied by other, bigger companies. If the technology isn't fabulous, you will get blown up as surely as if you stepped on a live land mine." All I can say is that these types of statements make for juicy press. People who felt this way didn't believe in Microsoft & Intel (IBM was once 1,000 times larger), or Cisco(IBM), or Oracle(Cullinane), or... Yes, technology investing carries great risks but contrasts this with rapid short-term gains almost never seen in other less risky sectors. People who truly feel this way should not be investing in technology companies. Companies are picked by researching and understanding them. Enough said. Let's get the facts after the next earnings report which should minimize the current speculation factor. JP