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

To: Tim85gt who wrote (6533)	6/4/1998 12:48:00 PM
From: John T. Hardee	Read Replies (1) \| Respond to of 7685

SYQUEST TECHNOLOGY (SYQT - news) OFF 1/16 TO 1-7/16 The disk drive maker's stock edged lower and was one of the most actively-traded Nasdaq stocks. Its chairman said the stock's dramatic drop this week was not related to corporate fundamentals, and that its strategy remained ''on target''. The company also said it would increase production capacity to make 500,000 drives in the quarter ending December 1998. The stock has seen better days. Shares of the stock were worth $2 each just two weeks ago. The stock has steadily declined since its peak in May 23, 1996 when it was worth 17-28/32, except for a brief stab higher in October 1998. ------------