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


To: RagTimeBand who wrote (6614)6/10/1998 12:48:00 PM
From: Mr. Stress  Read Replies (1) | Respond to of 7685
 
Wednesday June 10, 12:19 pm Eastern Time

SyQuest Tech shares active on Compaq pact

NEW YORK, June 10 (Reuters) - Shares of SyQuest Technology Inc. were the most actively traded issue Wednesday in midday trading on the Nasdaq Stock
Market amid news the company signed a three-year pact with computer giant Compaq Computer.

The shares stood up 3/32 at 1-25/32 on volume of more than 6.6 million shares.

SyQuest, which makes computer-disk drivers, made the announcement late Tuesday. Under terms of the agreement, Compaq will incorporate SyQuest's SparQ
1.0 internal removable cartridge hard drive into Compaq's new Configure-to-Order computers.

SyQuest's chief executive, Ed Harper, said in a press release Tuesday the Compaq deal should boost sales. He did not quantify the amount, however.

The company had sales of about $45 million last year.

''Yesterday's announcement was significant, there's no doubt about it,'' said Howard Rosencrans, an analyst at HD Brous & Co. ''We believe the SparQ driver
has been very successful.''

Rosencrans said SyQuest shipped 40,000 drivers in the November quarter, 150,000 in the March quarter and may ship as many as 200,000 in the June quarter.



To: RagTimeBand who wrote (6614)6/10/1998 1:02:00 PM
From: John T. Hardee  Respond to of 7685
 
Greenspan was the first of a few people to see the Y2K problem back in 1982. Problem was program speed and cost.



To: RagTimeBand who wrote (6614)7/2/1998 4:16:00 PM
From: RagTimeBand  Respond to of 7685
 
Syquest Technology Names Garrett A. Garrettson to Board of Directors
biz.yahoo.com

Monday June 29, 2:19 pm Eastern Time
Company Press Release
Garrettson Brings Strong Storage Background and Successful Management History to SyQuest

FREMONT, Calif.--(BUSINESS WIRE)--June 29, 1998-- SyQuest Technology, Inc. (NASDAQ:SYQT - news), a world leader in removable cartridge hard drive technology, today announced the appointment of Garrett (''Garry'') A. Garrettson, president and CEO of Spectrian Corporation (NASDAQ:SPCT - news), to its board of directors.

''Garry's years of experience in the data storage industry will complement our in-house expertise and be of great value to all of us at SyQuest Technology,'' said Chairman Ed Marinaro. ''His extensive storage industry background was developed after years of working in various technical management positions at Hewlett-Packard, in the Imprimis Technology Business Unit of Control Data Systems and at Seagate.''

Before joining Spectrian in 1996, Garrettson served as president and CEO of Censtor Corporation, a developer of magnetic recording technology for the disk drive industry. Prior to that, he served in various management positions in the Imprimis Technology Business Unit of Control Data Systems and as a vice president at Seagate. From 1973 to 1986, Garrettson served in a variety of technical management positions, including Laboratory Director at Hewlett-Packard Laboratories.

Garrettson, 54, currently serves as a director of Benton Oil and Gas Company and Redlake Imaging. He earned a Bachelor of Science and a Masters of Science degree in Engineering Physics, and a Ph.D in Mechanical Engineering from Stanford University.

About Spectrian Corporation
Spectrian Corporation is the leading independent supplier of ultra linear, high power RF power amplifiers to wireless communications infrastructure manufacturers and service providers worldwide. As an ISO 9001 quality system-certified company, Spectrian designs and manufactures power amplifiers for use in microcell and macrocell base stations for cellular, PCS and wireless local loop networks. Spectrian is located at 350 West Java Drive, Sunnyvale, Calif., 94089. Additional information can be found at spectrian.com.

About SyQuest Technology
Based in Fremont, Calif., SyQuest Technology, Inc. is the leader in removable cartridge hard drive storage technology. The company offers the best performing, most affordable, and easy to use, high capacity removable hard drives and cartridges in the marketplace. SyQuest award winning products are ideal storage solutions for SOHO/professionals, families, students, Internet users and more. SyQuest (SYQT) is publicly traded on NASDAQ's National Market System. The company's web site is syquest.com.

This news release contains forward-looking statements that involve risks and uncertainties, including competition in the marketplace for the company's products, and other risks detailed from time to time in the SEC reports filed by SyQuest including its most recent reports on Forms 8K, 10K and 10Q.