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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Rocky Reid who wrote (4628)	10/5/1998 10:36:00 AM
From: Mark Oliver	Read Replies (1) \| Respond to of 9256

My local paper mentions the winners and losers for the quarter and they have Syquest leading the loser category down 83% trading at 25 cents. Syquest has been a damaged issue ever since Iomega became popular, (a classic example of not picking the underdog for investing), and I've been wondering if they will go bankrupt. My concern is there must be some head and media players that are willing to take some risk and extend more credit to Syquest than they should. Could the colapse of Syquest be the last nail in the coffin? Syquest announced a Jazz like drive recently with MR heads. Wasn't HMT a big supplier to Iomega? Regards, Mark