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


To: taxikid who wrote (6458)5/22/1998 9:19:00 AM
From: Stephen Leung  Read Replies (2) | Respond to of 7685
 
The Thread of CD Burners

Obviously CD burners have become so popular they are probably taking a big potential hit on sales of Syjets Sparqs etc. Quantum recently bought out a storage company I think called PLT or whatever.

I only see the price of Syquest dropping further if their management doesn't seriously consider a merger of some sorts. A merger would be in both the best interest of shareholders and the company itself.

They should merge or Iomega might get that urge and do it first. Only time will tell.

Note: very bearish on both Iomega and Syquest. I am only trading in the bluest of equities now. I find trading the tech stocks becoming very unnerving.