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


To: Maher Sid-Ahmed who wrote (6256)4/28/1998 9:30:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 7685
 
Do not make the mistake of comparing apples to oranges like so many Iomaniacs do. SYQT and IOM ARE NOT INTERNET STOCKS!!!

They are in completely different businesses than YHOO, XCIT, and AMZN, with completely different business models. Are valuations for these companies high? You bet. But future expectations is why these stocks are flying. IOM and SYQT languish because the future looks very grim for them. They are in a commodity sector, and this storage sector is undergoing rapid price reductions and cost/MB competition. Not to mention Sony and Castlewood coming soon.



To: Maher Sid-Ahmed who wrote (6256)4/28/1998 10:32:00 PM
From: ran up  Respond to of 7685
 
Maher:

Very good point, it escapes many on this board!