Mylex Message Board - Msg: 5781099

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Technology Stocks : Mylex

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To: Baker who wrote (1679)	9/17/1998 10:42:00 PM
From: E_K_S	Read Replies (1) of 1820

Hi Baker - From the YAHOO thread.... "...I can't imagine a better partner to have than Lucent and was certainly expecting the stock to at least remain where it was - go figure. Anyhow, I did notice in the release that Lucent is shipping the product so that means Mylex will have sales revenue from Lucent this quarter. Who knows, maybe we'll have any earning surprise - a positive one..." ============================================================ Some observations: 1) If indeed Lucent is "shipping" their new MYLX product, then we may see some revenues hit Q3. 2) Hopefully all the charges for the restructuring and the final amounts set aside for the law suit settlement will be less than initially estimated. If I were CEO I would over estimate these charges for worse case ..... Then Q3 may exceed analyst estimates. 3) Notice that Adapt warned the street this evening. No warning yet from MYLX, just maybe they have gained market share at Adapt's expense. We need to break through $6 and have solid consolidation above $7 before we even can begin to approach last year's lows! Perhaps the corner has been turned. The stock seemed to hold up well in today's down market. EKS

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