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

To: Dale Stempson who wrote (7327)10/27/1998 8:51:00 AM
From: Michael Coley  Read Replies (2) | Respond to of 7685
 
My thoughts on the announcement...

I think that SyQuest probably has some suitors, but the suitors aren't willing to pay anywhere near current market valuations. SyQuest management realizes that the only way they can sell the company will be to get the stock price down further and sell for slightly over the then-reduced market value. That's why I believe they issued the press release.

Remember... It will be the preferred shareholders and management who benefit. The common shareholder will be lucky to get 25 or 50 cents per share, IMHO.

- Michael Coley
- wwol.com



To: Dale Stempson who wrote (7327)10/27/1998 9:10:00 AM
From: Kevin G. O'Neill  Read Replies (2) | Respond to of 7685
 
Anybody know who Taylor Stuart is?  Can we find out some of their recent initiations, upgrades and downgrades? Might help gauge the color of their shorts here...



To: Dale Stempson who wrote (7327)10/27/1998 9:36:00 AM
From: RAVEL  Respond to of 7685
 
big buyer just showed up..999 X 45


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