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


To: TA2K who wrote (6551)6/6/1998 9:36:00 AM
From: VanGo101  Read Replies (2) | Respond to of 7685
 
Syquest had a full page ad in this morning's Atlanta Constitution, called "Gotta Getta Gig Promotion", which was done very nicely.

It included the following:

1) "Syquest is offering amazing rebates on removable storage. Now you can get all the room you need for a lot less than you ever thought possible. A 1.0 GB SparQ drive with a 3-pack of removable cartridges is now just $268 with mail-in rebate. That's 4 GBs of removable storage for less than you'd pay for a Jaz drive alone.".....

2) "And our multiplatform-compatible Syjet, offers 1.5 GBs of removable storage for just $249 with rebate. Or get the Syjet 3-pack alone for only $169 with rebate. Add a removable cartridge 3-pack with a Syjet drive for real savings - just $398 with rebate."....

The SparQ offer includes a free drive bag and T-shirt! The ad included nice pictures of the SparQ and SyJet. I believe this ad will sell Syquest products in Atlanta.

VanGo101...Van



To: TA2K who wrote (6551)6/6/1998 11:42:00 AM
From: Gary Wisdom  Read Replies (1) | Respond to of 7685
 
Re: Marinaro's statement

Note that he says their business strategy is sound, but their financial health isn't mentioned at all.

Also, excuse me for not understanding this, but if your business strategy is to sell even more units at a loss, doesn't that mean greater losses?

These guys are setting themselves up for a major lawsuit and jail time when this thing goes bankrupt.