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


To: Anthony Tsai who wrote (7608)1/13/1999 10:43:00 AM
From: David W. Taylor  Read Replies (1) | Respond to of 7685
 
Yes, this is fairly typical. Notice that Iomega is only buying the attractive pieces. The money involved will help pay off the creditors but the shareholders are always last in these things and will probably not get anything.



To: Anthony Tsai who wrote (7608)1/14/1999 10:12:00 PM
From: Dale Stempson  Respond to of 7685
 
More press:

"Iomega Scoops Up SyQuest's Assets"

SyQuest continues to sell, support products after
bankruptcy; but Iomega buys inventory,
intellectual property.

by Peggy Watt, PC World
January 13, 1999, 6:35 p.m. PT

Complete text can be found at the following post:

Message 7296234

Regards - Dale