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

To: Richard James who wrote (6429)	5/17/1998 7:06:00 PM
From: Gary Wisdom	Read Replies (2) \| Respond to of 7685

Re: believe that Syquest will be at 3 or better in the very near future. Ok, Syquest investors. Here's my question to you: Why would you hold a stock that you've most likely paid $3 to $5 for in the hope that it will someday be $3, when a stock like Dell moves $1 every 30 minutes? This is why I no longer hold a position in Iomega. Where's the upside? That it'll be bought out at $13? Who cares? Tying up a lot of capital in the hopes that one day a white knight will save you. All I'm saying is that there are much better places to put your capital to work out there than Iomega and Syquest. Why not sell your Syquest now and buy CFON and put in a sell order $1 above your buy point and then buy your Syquest back? Not that I like CFON, but odds are pretty good that you can squeeze $1 out of the stock with the right buy point.