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Technology Stocks : Mylex
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To: Baker who wrote (1654)7/30/1998 10:38:00 AM
From: E_K_S  Read Replies (1) of 1820
 
Hi Baker - How many more shares does MYLX have in their buy back program? I was looking for large trades yesterday thinking that they would be in buying to prop the stock up after their earnings shortfall. If they were it was only in 5,000 share block sizes.

Also, I was surprised to see more inventory write downs. The material I read did not disclose the dollar amount of the write down. Do you have any idea how large it was? Remember we had inventory write downs the last three quarters when management only promised a one time inventory adjustment two quarters ago.

EKS
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