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


To: Mark Oliver who wrote (4786)10/22/1998 4:48:00 PM
From: Rocky Reid  Read Replies (3) | Respond to of 9256
 
Rumors flying on the SYQT thread about Syquest entering the DVD field with a "SparQ-DVD"

Could this be a proprietary media, or could it be a co-branding agreement with an existing DVD drive maker?

In any regard, SYQT stock trading volume was through the roof today, and shares of SYQT closed Up 25% from yesterday.



To: Mark Oliver who wrote (4786)10/23/1998 12:34:00 AM
From: Stitch  Read Replies (3) | Respond to of 9256
 
Mark,

FWIW I took profits on KMAG at 5+ today (Thursday) as 60% in 5 days was just too good to pass on. Several things suggested a pop for them. Their capacity utilization is growing again and they appeared to have worked things out on their debt. Then the general resurgence in tech stocks weighed in their favor. In addition I had heard that some more capacity may be going away soon and Komag stood to gain from that. However, now I understand that may not happen so soon. I do think there may be future trading opportunities but I am going to continue to stay mostly on the sidelines unless I get enticed again. I am still holding RDRT at a small loss.

Best,
Stitch