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

To: E_K_S who wrote (1612)6/19/1998 1:24:00 PM
From: E_K_S  Read Replies (1) | Respond to of 1820
 
Two more huge block trades crossed at 1:15 (EST) at $6 7/16 and $6 1/2 totaling 75,000 shares. It appears these are buys as they were purchased at the ASK price.

Eight other trades totaling 43,000 shares between $ 6 3/16 and $6 1/4 were traded earlier this AM. It appears that these were both buys and sells (buys at $6 1/4 and sells at $ 6 3/16) for a net sell OBV of 3,000 shares.

Again those BUYS at $6 1/2 were probably MYLEX buying or some institution establishing a new position.

EKS



To: E_K_S who wrote (1612)6/19/1998 10:36:00 PM
From: Baker  Respond to of 1820
 
Eric, thanks. I was in some computer training all day and didn't have a chance to check my messages - or the stock prices. Glad to see both the volume and stock price picking back up today.

I certainly hope Mylex was in the market buying. Having authorized up to 3 million shares and having only re-purchased 835K (or something close to that) at much higher prices by the end of last quarter how could they pass up a deal like this?

Hope things continue to look up next week.


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