SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Mylex -- Ignore unavailable to you. Want to Upgrade?


To: Baker who wrote (1706)11/6/1998 8:58:00 PM
From: E_K_S  Read Replies (3) | Respond to of 1820
 
Yes Baker there were two 25K blocks at $6 15/16 and $6 7/8. Many of the other trades were 1K to 5K transactions. I unloaded 1/2 of my position today to book a long term loss. Two month's ago I loaded up at $5 to establish a new long term position. Perhaps the activity we saw today was tax loss buying for investors that took their losses earlier in the year. My new basis is now at $5 rather than at $9.

I sure hope MYLX can begin to grow their revenues and earnings. If so, we can see $10 shortly.

Good luck with your holdings. 18.5% gain is good for one day!

EKS