[LETTERHEAD OF SHARTSIS, FRIESE & GINSBURG]
March 4, 1997
Securities and Exchange Commission
Division of Corporation Finance
450 5th Street, N.W.
Fiduciary Plaza
Washington, DC 20549
Re: SyQuest Technology, Inc.
Registration Statement on Form S-3
Amendment No. 1
File No. 333-17119
Ladies and Gentlemen:
Submitted herewith for filing on behalf of SyQuest
Technology, Inc., a Delaware corporation ("Registrant"), is a
Supplement to the Registration Statement on Form S-3 filed with teh
Commission on January 3, 1997.
This filing is being effected by direct transmission to
the Commission's EDGAR System.
Please contact the undersigned or Steve Gasser of this
office at (415) 421-6500 with any questions you have regarding this
filing.
Very truly yours,
/s/ Benjamin L. Douglas
Benjamin L. Douglas
BLD:da
Enclosures
cc: Mr. Henry C. Montgomery
Mr. Thomas C. Tokos
Mr. Michael J. Reedich, Securities and Exchange Commission
Mr. John Puchalla, NASDAQ National Market
<PAGE>
SUPPLEMENT NO. 1 TO PROSPECTUS
Dated January 6, 1997
SyQuest Technology, Inc. (the "Company") hereby supplements
pages 15 and 17 of its Prospectus dated January 6, 1997. The
Company has been informed that Burstein & Lindsay Securities Corp.
("Burstein") assigned to Blumfield Investments, Inc. ("Blumfield")
its right to receive the common stock to be issued on the
conversion of the first 200 shares of its 5% Cumulative Convertible
Preferred Stock, Series 2. The Company has also been informed
that Burstein and Blumfield are affiliated entities. Accordingly,
the number of shares of common stock beneficially owned prior to
the offering listed for Burstein is changed from 179,028 to
127,884, and the number of shares of common stock being offered by
Burstein is changed from 205,882 to 147,058. The selling
stockholder table is further revised by adding Blumfield's name and
the footnote number "(10)" below State Capital Market Group, Ltd.,
and listing 51,144 as the number of shares of common stock
beneficially owned by Blumfield prior to the offering, listing
58,824 as the number of shares of common stock being offered by
Blumfield, and listing 0 as the number of shares of common stock
beneficially owned by Blumfield after the offering.
Page 17 of the Prospectus is revised to add the following new
footnote:
(10) As of January 15, 1997, Burstein & Lindsay Securities Corp.
assigned to Blumfield Investments, Inc. its right to receive common
stock issuable on the conversion of the first 200 shares of the
Series 2 Preferred Stock, that Burstein & Lindsay Securities Corp.
converts.
THIS SUPPLEMENT NO. 1 SHOULD BE APPENDED TO AND DELIVERED WITH THE
PROSPECTUS DATED JANUARY 6, 1997, OF SYQUEST TECHNOLOGY, INC.
