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


To: Dougerdad who wrote (1635)7/1/1998 10:00:00 PM
From: E_K_S  Respond to of 1820
 
Do you think MYLEX may be gaining market share? This 2nd tier RAID supplier is hurting...Ciprico Inc.. Maybe Mylex is gaining market share at the expense of Ciprico Inc.

From Briefing.com June 30, 1998

Ciprico Inc. (CPCI) 10 1/16 -1/16: designer and manufacturer of RAID disk arrays and SCSI controllers is warning that it expects to record a fiscal Q3 loss of between $0.11 and $0.15 a share on sales of $5 mln; according to First Call, CPCI was expected to earn $0.08 a share, vs year-ago profit of $0.22 a share.....

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The (14 DAY) OBV still remains negative at -1,056,800 and the 200 day MA is now at $8.54. A new buy signal will occur if the stock can close above $8.54. Continue to watch the volume. No after market trades today.

EKS