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Technology Stocks : Mylex

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To: E_K_S who wrote (1775)3/18/1999 10:34:00 AM
From: E_K_S   of 1820
 
From Briefing.com.....
"...Mylex Corp. (MYLX) 7 29/32 delayed: producer of high performance disk array controllers and complementary computer products is warning that an unfavorable product mix for quarterly sales will results in Q1 earnings to fall short of market expectations; according to First Call, company was projected to earn $0.05 a share, vs year-ago loss of $0.10 a share; in the preceding quarter, MYLX earned $0.07 a share..."

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They still have a few days left in March before they close their books....Maybe they can work the books so that they can show something positive rather than another negative earnings quarter.

EKS
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