Mylex Message Board - Msg: 10709045

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: James B. Barnes who wrote (1816)	7/29/1999 12:47:00 PM
From: E_K_S	of 1820

You are quite right James...The price to sales at 1:1 is an excellent buy. How about the sale of their inventory below cost to one of their preferred OEM's. Could that have been IBM that bought all of that inventory for $0.50 on the dollar. I just wonder if IBM plans to keep the MYLEX management. I assume not and they will walk with excellent golden parachutes. I am planning on buying IBM as I believe they can use these assets and build quite a business that should begin to eat away at EMC's business. When I first was buying MYLEX, I had EMC also on my list for RAID companies. Too bad I focused on MYLEX when in fact I should have purchased EMC...or even a bit of both companies. In retrospect the investment theme was correct but I just choose the wrong company. Hope your other investments are working well for you. EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next