Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: dartmouth who wrote (6265)	4/29/1998
From: RockiReid	Respond to of 7685

My prediction will close @ 2 1/2 at best!

To: dartmouth who wrote (6265)	4/29/1998 12:05:00 AM
From: Richard James	Read Replies (2) \| Respond to of 7685

Perhaps the usually silent should keep silent. Tomorrow's close, assuming a relatively tranquil market, 2 23/32 on the ask. The institutions will sacrifice a few shares on the bid to hold the price up as they unload their positions. There may even be a slight rally to 3 1/16 in the morning, but 2 1/2 by the close of Friday. (Should it matter, I have no position in Syquest or Iomega, but had been looking at establishing long positons in them until now. I wouldn't short either at present prices. Based on the earnings report, I doubt I'll be buying into Syquest.) Richard James

To: dartmouth who wrote (6265)	4/29/1998 1:11:00 AM
From: Dale Stempson	Respond to of 7685

Shares outstanding SyQuest states: "At March 31, 1998 the Company had approximately 81.7 million common shares outstanding and approximately 51.4 million stock purchase warrants issued and outstanding. There would be approximately 164.3 million common shares outstanding if all stock purchase warrants and convertible preferred shares were exercised and converted as of April 15, 1998." Why do they give us the status as of April 15th and not today? Why don't they include the almost 9 million shares accounted for in employee options when giving us their estimate of total future dilution? Regards - Dale