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Technology Stocks : Mylex -- Ignore unavailable to you. Want to Upgrade?

To: James B. Barnes who wrote (1816)	7/29/1999 12:47:00 PM
From: E_K_S	Respond to of 1820

You are quite right James...The price to sales at 1:1 is an excellent buy. How about the sale of their inventory below cost to one of their preferred OEM's. Could that have been IBM that bought all of that inventory for $0.50 on the dollar. I just wonder if IBM plans to keep the MYLEX management. I assume not and they will walk with excellent golden parachutes. I am planning on buying IBM as I believe they can use these assets and build quite a business that should begin to eat away at EMC's business. When I first was buying MYLEX, I had EMC also on my list for RAID companies. Too bad I focused on MYLEX when in fact I should have purchased EMC...or even a bit of both companies. In retrospect the investment theme was correct but I just choose the wrong company. Hope your other investments are working well for you. EKS

To: James B. Barnes who wrote (1816)	7/29/1999 5:52:00 PM
From: Liatris Spicata	Read Replies (1) \| Respond to of 1820

James- Well endgame is neigh. It's been a while since we've run across one another. I've been lurking here these many moons since I sold half my MYLX at around 8 1/2. Should've waited for value to will out. Oddly, this doggy stock has been pretty good to me- although less than an S&P 500 index fund, I'm sure. I'm still undecided about whether or not to sell at this point- there does not seem to be much point in hanging around, is there? Any tax advantages?? Best to you and yours, Larry P.S. And a special thanks to Eric for his continuing contributions to this thread.