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Technology Stocks : Mylex
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To: E_K_S who wrote (1542)2/23/1998 10:02:00 AM
From: James B. Barnes  Read Replies (1) of 1820
 
Eric,

This is twice that Mr. Crabbe has dropped Mylex's name, apparently in an effort to get the price up. He's probably very nervous since he acquired all those shares prior to the CPQ/DEC deal was announced. I noticed that the volume cooled off this morning vs. what was going on the last hour of trading last Friday.

Firstar and Seligman rode the stock down from lofty levels before they threw in the towel. I wonder how much conviction Crabbe has, especially if he should get a whif of information that Mylex is indeed losing DEC?

Regards,
James
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