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Technology Stocks : Mylex

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To: Baker who wrote (1754)1/2/1999 10:13:00 AM
From: Dougerdad   of 1820
 
Ditto, The only other rational for this breakout is a buyout. After
attending several holiday parties in the valley, those rumors
continue to build. Either way, expect volitility with a trend
to the upside.

Regards,

Dougerdad

Eric wrote

Eric, sorry it's taken so long to respond but I've been out of the country on vacation. Besides possibly getting HP business back the other options might be that Mylex has managed to get some of IBM's business back or they have come to some kind of agreement with Compaq either to keep the DEC account and/or possibly get some business from Compaq.

However, like Dougerdad, I believe this stock has gotten ahead of itself and will pull back either shortly before or shortly after the Q4 results are announced. But I do believe that Mylex will beat the analysts estimates.



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