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


To: Rocky Reid who wrote (7215)10/22/1998 2:48:00 PM
From: Dale Stempson  Respond to of 7685
 
>>> There has to be a buyout rumor circulating. Just look at that volume. NO WAY I'm touching this one, though. Possible suitors? HP? Seagate? or how about ...Compaq? <<<

I would tend to think that none of the boxmakers would be interested. If, (big if), someone were seriously interested, I'd look towards one of the larger DD boys. Legend still sits out there as well. Who knows, anything is possible.

I continue to believe that a partnership/merger/acquisition/joint-venture is needed to bring SyQuest out of the depths, and it probably needs to happen soon.

Bottom line: I don't think anything of major significance is up, unless you were to include recent MM profits. Boy do I have the wrong job. Geez, these folks are making a fortune this week.

Regards - Dale