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Technology Stocks : Mylex

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To: Starowl who wrote (1813)7/28/1999 8:23:00 AM
From: Starowl   of 1820
 
Mylex to gap open (11 3/4), according to note by CBS MarketWatch:

"NEW YORK (CBS.MW) -- Shares of Mylex Corp. rose in pre-open trading Wednesday after IBM said it had agreed to buy the company. Mylex shares (MYLX: news, msgs) climbed 1 1/2, or 14.6 percent, to 11 3/4, according to Art Hogan, chief market analyst at Jefferies & Co. IBM (IBM: news, msgs) said it would pay $12 for each Mylex share."

Starowl
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