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Technology Stocks : Mylex
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To: Dougerdad who wrote (1740)11/23/1998 5:20:00 PM
From: Baker  Read Replies (1) of 1820
 
Smart money/Dumb money - one thing is for sure, money is moving into Mylex. I was contemplating getting back in today if the price dropped down to 7 1/2 to buy but it never did. I still think the stock will pull back but it seems to have built a pretty solid base at around the 7 5/8 to 7 3/4 area. I did notice that on the 18th the stock crossed over its 200 day moving average which technical folks consider to be bullish sign.

Still watching for a good point re-enter.
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