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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?

To: Cogito who wrote (2930)	11/2/1998 3:48:00 PM
From: dale velkovitz	Read Replies (1) \| Respond to of 10072

SYQUEST <SYQT.O> SAYS SUSPENDS OPERATIONS, MAY FILE CHAPTER 11 BANKRUPTCY 15:37 11-02-98

To: Cogito who wrote (2930)	11/2/1998 3:55:00 PM
From: dale velkovitz	Read Replies (1) \| Respond to of 10072

SyQuest Technology, Inc. Suspends Operations and Requests Securities Trading Halt FREMONT, Calif.--(BUSINESS WIRE)--Nov. 2, 1998--SyQuest Technology, Inc. (NASDAQ:SYQT) announced today that it has suspended operations and is considering alternatives including filing a Chapter 11 petition under the Bankruptcy Code. The Company plans to maintain limited support to its customers. Under these circumstances, SyQuest has requested a halt in the trading of its securities. For further details on these and related matters, please consult the Company's Form 8K filed on October 27, 1998 and previous SEC filings. This news release contains forward-looking statements that involve risks and uncertainties, including competition in the marketplace for the company's products, and other risks detailed from time to time in the SEC reports filed by SyQuest including its most recent reports on Forms 8K, 10K, and 10Q. SyQuest is a registered trademark and the SyQuest logo is a trademark of SyQuest Technology, Inc. All other brands or trade names are the property of their respective companies. CONTACT: SyQuest Technology Henry Lo, 510/226-4000

To: Cogito who wrote (2930)	11/2/1998 4:30:00 PM
From: Cogito	Read Replies (2) \| Respond to of 10072

Rocky - Once again, I have shown amazingly bad timing. The comparison chart for IOM vs. YHOO will not support my case after today, I'm sure. Yahoo up more than 14 points today. Amazing. In the June quarter of this year they lost more money than they had lost in the entire previous year. They have no trailing P/E, and their forward P/E is over 350. Yet they currently have a market cap of more than 12 billion dollars! This stock has had an amazing run. Not exactly a value play at this point, though. - Allen