Mylex Message Board - Msg: 4927207

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Technology Stocks : Mylex

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To: Baker who wrote (1611)	6/18/1998 10:45:00 PM
From: E_K_S	Read Replies (2) of 1820

No not really...but yesterday I think MYLEX was a buyer at $6 1/4. One third of the volume yesterday was due to four block trades all buys (at the ask) $6 1/4. They totaled just over 80,000 shares. Today's activity were small sellers 1,000 shares or less all out at $6 1/16- $6 1/8. Look for more consolidation. Higher volume will continue to move this dog higher. I think (w/o any earnings warnings) we should see us back in the $7-$9 trading range. If Mylex continues to be a buyer at these levels, there is no question that the high end of this price range will be reached as it appears that all the sellers have already sold. EKS

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