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


To: Rocky Reid who wrote (7409)11/2/1998 3:46:00 PM
From: Steve Casey  Respond to of 7685
 
Question, what are the possiblities of good coming out of this. I think a buyout would be cheap at best. Any other possibilities?



To: Rocky Reid who wrote (7409)11/2/1998 3:55:00 PM
From: David W. Taylor  Respond to of 7685
 
SyQuest Technology, Inc. Suspends Operations and Requests Securities Trading Halt

November 2, 1998 03:35 PM
FREMONT, Calif.--(BUSINESS WIRE)--Nov. 2, 1998--SyQuest Technology, Inc. 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.

-----

Taken from Microsoft Investor at 12:55pm PST on 11/2/98



To: Rocky Reid who wrote (7409)11/2/1998 3:57:00 PM
From: David W. Taylor  Read Replies (1) | Respond to of 7685
 
OK. Now I want confessions here. How many of you bullish types lost your shirt?

Come on be honest, you were greedy and now you are toast. Confess for the good of your soul!



To: Rocky Reid who wrote (7409)11/2/1998 4:16:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 7685
 
I win. I win. Haahahahahahahahaahahahahahaahaha. <eom>