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To: pz who wrote (14578)	6/5/1998 8:38:00 PM
From: Susan Saline	Read Replies (1) \| Respond to of 53068

SYQT is my newest penny acquisition entered at 1 19/32, after following for about a month couple months hold, target 2.75 chart: 207.95.154.130 June 5, 1998. FREMONT, Calif.--(BUSINESS WIRE) via NewsEdge Corporation -- In a statement issued today, SyQuest Technology Chairman, Ed Marinaro said that he believes the uncertainty about the market category, rather than changes in corporate fundamentals, has caused share prices to drop over the past week. Despite this decline, Marinaro reaffirmed that the company's rnaround strategy remains on target and geared to its high capacity SparQ 1.0 GB and SyJet 1.5 GB removable cartridge hard drives. "To address investors' concerns about SyQuest, let me emphasize that our business strategy is sound and our technology leadership unbeatable, as witnessed by our ongoing industry product awards and accolades. Our internal operational reviews indicate that we are achieving tangible improvements in our product costs and meeting or exceeding our targeted manufacturing yields. "As recently announced, our four-fold increase of retail distribution outlets has resulted in strong product sell-through. SyQuest has recently signed an OEM agreement and shipped product to one of the top three personal computer manufacturers." Marinaro views that the rapid emergence of the sub-$1,000 personal computer will provide a market opportunity for select peripheral manufacturers. " With the price of some new PCs now as low as $700, the average buyer will realize the limited storage capacity of their sub-$1000 PC and the market for products such as the SparQ drive should expand considerably." To meet this anticipated demand, SyQuest is increasing production capacity to produce 500,000 drives in the quarter ending Dec. 98. Marinaro believes that SyQuests unique position of offering high performance, low-cost, gigabyte capacity storage solutions will ultimately bring value to SyQuest stockholders.

To: pz who wrote (14578)	6/5/1998 11:22:00 PM
From: Dick Millwee	Read Replies (1) \| Respond to of 53068

Paul: The California Dept. of Corrections will be putting out a "Request for Proposal" to the private prison sector to bid on 5000 beds. The "RFP" is due to come out on June 15. The following two years another 10000 to 15000 beds will be put out to bid. The Calif. prison system is desperate. The prisons are at 200% plus capacity. WHC, CCA, MCI, CRN and others will be bidding. Great opportunities in Calif. If these RFPs are like the previous ones, each facility will be limited to 500 beds. If so that means there will be 10 new facilities built within the year. WHC is a aggressive company. I think they will get some of the contracts. Keep an eye on the private prison stocks. By the way, you might what to check out YSII. They took a big hit but I think they will rebound back fairly quickly. You might ask Cousin Dan to to a TA on it. Dick