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


To: Michael Coley who wrote (6393)5/14/1998 11:56:00 PM
From: Richard James  Respond to of 7685
 
We are close but far apart. About as esoteric as I get. (Hope I didn't mean erotic.)

1. I don't believe Syqt need to double production/sales to break even. Even so, Syqt might come close to just that in the next few months.

2. We agree that financing stinks. If syqt can show substantially improved cash flow, can't they refinance on greatly improved terms?

3. You nailed it Mike and I am looking for that 2 to 3 pop. We differ in that I think that Syqt is much more likely to see 3 or even 4 before 1. (I bought today at 2 3/32, passed on this baby at 3. In the future, it may warrant holding until 4. In the future, my hair might grow back.)

Have a good trading day tomorrow, all.

Richard James