Mylex Message Board - Msg: 3840585

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Technology Stocks : Mylex

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To: Baker who wrote (1559)	3/25/1998 9:32:00 PM
From: E_K_S	Read Replies (1) of 1820

Here is what Briefing.com reported....Mylex Corp (MYLX) 7 15/16: manufacturer of disk array (RAID) controllers warns that its Q1 loss will be wider than the $0.06 a share Wall Street was expecting; company also expects revenues to fall as much as 15% below the Q4 levels... It look's as though this stock might be a 1999 story rather than a 1998 turn around. I wonder if that big mutual fund will sell their 1.2 million shares based on the warning. If so it could get pretty bloody in the next few weeks.... EKS

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