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Technology Stocks : Mylex

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To: miklosh who wrote (1757)1/6/1999 8:35:00 PM
From: E_K_S  Read Replies (2) of 1820
 
Hi Miklosh - From what I hear all the RAID players are having a stellar quarter. LSI who recently bought Symbios have indicated that their RAID sales are booming. I have to believe that this is an industry wide boom for RAID. The rumor on the LSI thread is that they have been manufacturing product to meet current demand when they usually shut down the plant for the Christmas Holiday. Also, management stated that they have already met their earnings estimates (for the Symbios division) 2/3 through the current quarter.

Therefore, it appears to this investor that demand for RAID is very strong and the proof will be in the earnings.

I just wish I bought more stock at $5.00!

EKS
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