Mylex Message Board - Msg: 10390744

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.

Technology Stocks : Mylex

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: E_K_S who wrote (1793)	7/6/1999 12:54:00 AM
From: Dougerdad	Read Replies (1) of 1820

Doubtful, It is just another "really big deal rumor" that seems to pop up every other quarter. Mylex is in a crowded marketplace. It seems that all of the major OEMs have their own RAID products (it was not that way in 1995 which the stock hit over $20). Also, the management staff that bought Buslogic and ran it into the ground is still running the show. I would to follow this puppy, but there are other plays which are have much higher growth probability. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> You wrote: They have good products, R&D and continue to bring new products to market. They just have a problem managing their inventories and building their customer base. I believe they still generate most of their sales from three OEM partners. $10-$12 has been the upside if they can put two quarters of back to back positive earnings growth. $20 is possible if they could do four or five consecutive positive quarterly earnings reports. EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next