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


To: Moe B. Loney who wrote (7461)11/9/1998 3:21:00 PM
From: Jxcxjx  Read Replies (1) | Respond to of 7685
 
Moe, I agree things are over for SYQT, my question is ,do shareholders loose their shares when a company goes chapter 11.
I just looked at BOSTQ and they filed chapter 11 and their shares are still trading.For that matter their trading higher. Can you tell me the difference between the 2 situations these company's face. Why do the BOSTQ people keep their shares and you guys keep saying SYQT holders shares are history.
Jx



To: Moe B. Loney who wrote (7461)11/9/1998 6:23:00 PM
From: Gary Teichrow  Read Replies (2) | Respond to of 7685
 
Moe,

I've gotta disagree with ya on SYQT. I think they'll 'make a deal'. Not sure about the details, obviously, but I think they'll come up with something. The company will be gone though... Probably absorbed by the absorber. I'd like to see a stock swap valued at say $.50/shr.

Anyways, I've got a bit at about .60 and I'd be more than happy with such a deal.

Any way, not way out there... I don't think
g