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


To: Rocky Reid who wrote (6750)6/26/1998 11:30:00 AM
From: Tadsamillionaire  Read Replies (1) | Respond to of 7685
 
Regardless of what the critics say, the storage business is hot!
The fact that you can store more info and continue to use your existing P.C. makes sense on why it is so hot.
I consider this product's capabilities on the same lines as when the VCR went from wired to wireless remote control.
He who advertises first and best wins to advertise another day.
JMHO......TIM



To: Rocky Reid who wrote (6750)6/27/1998 5:25:00 AM
From: Dale Stempson  Respond to of 7685
 
RE: Castlewood

>>> As for Syquest, I'm amazed they have stayed in business this long. But Castlewood may be delivering the final nail in that coffin too. <<<

Rocky, Thanks for posting the Orb update. As usual, we'll still have to wait a few months to see if Iftikar can really put this product on the shelves. If he can come through though, it could be bad timing for SyQuest. Just about the time the SparQ is expected to be shipping in enough volume to show a positive margin, Orb could come along and start whacking SyQuest around.

With rock-bottom hard drive prices, lower cost CD-Rs and CD-RWs, new DVD recordables, Sony's HiFD intro, Imation's give-away pricing, Castlewood's hot Orb, Iomega's problems, and SyQuest's last chance turn-around attempt, the second half of '98 is shaping up to be an exciting period in the sector. I wonder who the winners will be? Perhaps customers and stock traders will emerge the only victors as price competition continues and company profits erode.

Regards - Dale