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


To: Troy Shaw who wrote (6728)6/19/1998 10:48:00 PM
From: HairBall  Read Replies (1) | Respond to of 7685
 
Troy, you missed my point completely. My post was not just to you, but all that post on the two threads.

I am not arguing your facts. I agree. I just don't understand the banter between threads.

I only stopped by the IOM thread, to see what individuals had to say. I made money on the big run up in 96. I was interested in feed back. Keeping an eye open for a come back.

I stopped by the SYQT, thread, saw some volume spikes, after the run down. Stopped by to pick up info.

People on these two threads act like people rooting for their sports team against the other

Nuff said,
LG



To: Troy Shaw who wrote (6728)6/22/1998 10:12:00 AM
From: JustMy2Cents  Read Replies (2) | Respond to of 7685
 
44.7 million shares will not hit the street as per your interpretation of the S-3 filed on 6/11/98. If you look at the S-3/A filed 2/25/98. 45.8 mn shares were offered. Compare the two and you will see the beneficiary owners prior to conversion are mainly the same. In other words, most of the investors in Syquest have not sold in the past, and in my opinion the will not sell now. The latest S-3 is basically lowering the price for which the beneficiary owners may "buy" the shares at. It was $2.61/share in the 2/25/98 S-3/A and it is now $1.4375 due mainly to the fall in the common shares in the marketplace.

Regards,