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


To: Dale Stempson who wrote (6196)4/23/1998 1:31:00 PM
From: JP  Respond to of 7685
 
About a 475,000 share buy this morning at around $3!

During the previous 2 trading days, the vast majority of large block trades were on the buy side.

This strongly indicates that there may be more than a pre-earnings run up that is pushing this stock higher. Perhaps there is some truth to the take over rumors. Considering how many shares SYQT has outstanding, I don't believe it would sell for more than $5 while I would see $3 as the absolute minimum.

Watching closely.

JP