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

To: Arrow Hd. who wrote (6368)	5/10/1998 8:45:00 PM
From: Dale Stempson	Read Replies (2) \| Respond to of 7685

Re: SSB Conference SyQuest needs Wall Street interest (as well as a little more interest on SI it seems). The EdHeads could do well at this event if they can avoid the topic of share dilution and future EPS. I'd assume they'd try to get around the issues by diverting attention to the expansion funds received for additional warrant conversions. Still, there are plenty of positives to add a little excitement to the presentation: Revenues up significantly due to SparQ - Margins improving - Yields improving - Almost zero Asia impact concerns - New major distribution partners - December 500K build plan in place - SyJet holding its own - Quest potential - Award wins - Improved balance sheet - Renewed Legend JV discussions - Pricing appears able to remain as is for now - ...and these are points we already know about. (BTW, Please don't tell anyone I said so many positive things about SyQuest, I have my rep to protect!) I'm hoping that SyQuest will provide us with some good news here soon, perhaps tomorrow or during the conference Tuesday. We're almost midway through the quarter now and management should have a pretty good idea whether sales are tracking as well as expected. Who knows, perhaps we'll hear more about those OEM announcements that were mentioned in the CC, or maybe more on the Legend JV. A real shocker would be if we could hear as to when the company might turn a profit. In any case, I continue to like SYQT as a short-term trading play. My biggest fear is a slow drifting share price decline during a delay before seeing any positive press, resulting in limited short-term upside potential when compared to today's price. Still, the downside risk over the next month or so appears somewhat limited IMO. Good luck to all. Regards - Dale (FWIW, I remain a very short-term SYQT bull and a long-term SYQT bear)