Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mauricio Valarezo who wrote (3812)	11/10/1998 10:31:00 PM
From: Serge Collins	Respond to of 10072

Maurizio, You are a hypocrite. You come here and post nonsense under the guise of helping others. Who do you think you're fooling. Iomega will not buy SyQuest. You don't throw a lifesaver to a drowning competitor. I would like to warn all IOM shareholders to disregard the noise on this thread from disingenuous people who are trying to manipulate shareholders by fear-mongering. All this talk of lawsuits and bad technical indicators is timed to co-incide with the recent run-up on the stock and an attempt by short sellers to drive the stock down. Throw in all the malcontents with an axe to grind, and you get message boards full of people trying to engineer a fear induced decline. Ignore them. What creeps!

To: Mauricio Valarezo who wrote (3812)	11/11/1998 12:44:00 PM
From: Kevin Linder	Respond to of 10072

Mauricio; IOM or someone may very well end up buying SYQT. Unfortunately, for SYQT shareholders SYQT will probably have to declare Chapter 11 first. A bankruptcy reorganization would eliminate the outstanding warrants and end the per share dilution problem. It also would anger many creditors who took warrants in lieu of cash payments. Hopefully, most have secured their liens against property that SYQT may own. Otherwise, it will be difficult for anyone to continue operating that company. Its sad, all of the SYQT shareholders ended up losing money and then the employees end up not getting their final paychecks (per San Jose Mercury News). Most of the people in the know, who did any amount of homework on the SYQT financials weren't surprised. Kevin Linder