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


To: Rocky Reid who wrote (6832)7/8/1998 8:11:00 PM
From: Maher Sid-Ahmed  Read Replies (1) | Respond to of 7685
 
The arguments you are providing are similar to the arguments that was provided by those who predicted the demise of AAPL. High competition from the Wintel machines, low margin, etc. As to Castlewood it has only produced paper tigers - nothing the consumer can buy. As to other future technology, nobody really knows what will happen - and therefore technology stocks in general are not for long term ( six months to a year is good enough.) There are exception to the rule of course, MSFT, CISCO, DELL, SUNW, IBM, etc. If SYQTshows that it is on its way to return to profitability then chances are the market will react positively and the share price will climb. As to stock dilution to raise cash and reward employees that I see happening in almost all companies trying to recover - nothing new in that. If I am a hundred percent sure that SYQT will go to $5 or more I would buy a ton of it, but I think it is a speculative stock and in my opinion speculative stocks should not form more than 5% of one's portfolio. If SYQT goes out of business, highly doubtful, I then lose a relatively small amount to the rest of my portfolio. If it climbs above my purchase price I let it ride until it begins to drop rapidly and then I am out.

Maher



To: Rocky Reid who wrote (6832)7/8/1998 10:51:00 PM
From: balloonman  Respond to of 7685
 
exactly, thats why this is really scarey. how will this refect ,(iyo) on IOM?