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Technology Stocks : Mylex
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To: Dougerdad who wrote (1674)9/10/1998 11:53:00 AM
From: Baker  Read Replies (1) of 1820
 
During last conference call, Al Montross was pretty confident that Mylex would break even this quarter given the restructuring they undertook. What wasn't clear to me was if this was before or after the one time charges ($4.2M if I recall) that they were going to incur for the restructuring. Coleen indicated that their projections even took into account the normally slow European sales during the 3Q. So, if the server market has picked up that would be another benefit and could provide a better than anticipated quarter -- wouldn't that be nice!
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