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


To: Baker who wrote (1559)3/25/1998 9:32:00 PM
From: E_K_S  Read Replies (1) | Respond to of 1820
 
Here is what Briefing.com reported....Mylex Corp (MYLX) 7 15/16: manufacturer of disk array (RAID) controllers warns that its Q1 loss will be wider than the $0.06 a share Wall Street was expecting; company also expects revenues to fall as much as 15% below the Q4 levels...

It look's as though this stock might be a 1999 story rather than a 1998 turn around. I wonder if that big mutual fund will sell their 1.2 million shares based on the warning. If so it could get pretty bloody in the next few weeks....

EKS



To: Baker who wrote (1559)4/21/1998 5:27:00 PM
From: Baker  Read Replies (1) | Respond to of 1820
 
This threads been very quite lately - like the stock. In case anyone is interested, Mylex came out with the following release after the close of the market. Has anyone heard of Bell Microproducts before?

biz.yahoo.com