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


To: Richard James who wrote (6259)4/29/1998 9:00:00 AM
From: hankiba  Read Replies (2) | Respond to of 7685
 
SYQT best position today than past 2 years!!!

1. The company has a cleaner balance sheet.
2. Gross margin break even next qtr.
3. Distribution increased 3x in last 3 months to over 2400 stores.
4. Channel checks indicate Sparq selling off the shelves.
5. Reduced need for advertising because of Iomega's huge budget. People coming in the stores asking for Sparq
6. Re-affirmed the 500,000 sparq cartriges for 4Q'98
7. Beat Analysts expectation of 110,000 spqrq units by 50,000.
8. Reaffirmed positive sequential revenue growth.
9. Enough cash for the next 2 quarters.



The stock trades up today 1/4-1/2.

Hankiba