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


To: Cogito who wrote (7032)8/14/1998 9:43:00 AM
From: DJRoss  Read Replies (2) | Respond to of 7685
 
A bigger picture.

What can be expected from the removeable storage media industry in the next couple of years. With computer prices being dumped globally, an asian crisis that will dump prices even further, how will such an industry survive? How long before the first Terrabyte harddrive is a PC or Mac option? How long before it becomes a pass‚ standard that is in need of an upgrade?

Another wrench in this scenario is the development of telephony. I work as a tech software support for a company in Sweden. I zip files on almost a daily basis that are going to be sent via email to customers. Even when they are on the road, and don't have a lap top. Voila just whip out the Ericsson Cellular and bounce it off that so it is available when the customer gets to where he/she is getting.

Most of us do not have the need to carry around even a zip disk as far as how large our files are. There are industries where large storage is vital, and that is visual media. With the drop in hard drive prices, I can just as easily buy a regular hard disk that would normally be locked in a box.

If any of these companies are going to survive more then a couple of years, it is my opinion that they dump removable storage technology and move into "stationary storage".

I bought SYQT at 19/32 and it floated up enough for me to be happy and take the profit and run.

Forget the floorless bandits, the taste great less filling arguments, and what the company is currently doing. The key IMO is are they getting ready to abandon a sinking ship and begin working on some real future technology.

Just my thoughts

Dug



To: Cogito who wrote (7032)8/14/1998 11:02:00 AM
From: Edward F. deSousa  Respond to of 7685
 
<<Kim Edwards was brought in as CEO in early '95, I believe.>>

Alan,

Edwards was brought on in January of 1994.