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

To: E_K_S who wrote (1707)	11/7/1998 1:32:00 AM
From: Baker	Respond to of 1820

Thanks. It looks to me like there are about 1 million shares shorted at this time. If Monday starts out anything like today, the shorts may have to cover and, if so, we may head higher next week. Have a good weekend.

To: E_K_S who wrote (1707)	11/7/1998 10:18:00 AM
From: Dougerdad	Read Replies (1) \| Respond to of 1820

Either a takeover target or significant announcements can cause this. My guess is (2). However, if a company needs RAID Mylex would be the one to buy. My guess (and that is only a guess) would be Intel, Adaptec, Symbios HP or Compaq.

To: E_K_S who wrote (1707)	11/8/1998 2:45:00 PM
From: Liatris Spicata	Read Replies (1) \| Respond to of 1820

Fie on you, Eric- <<My new basis is now at $5 rather than at $9.>> For the past- what is it, two years??- I've been saying to myself, as I pinch myself for buying MYLX, that at least I bought at a lower price than that Strohmeyer fellow. Then you have to go ruining it all by buying in as the crowd panicked and getting it at five, while I'm stuck at 5 1/2. Still, I've done fairly well on this dog by trading it. Anyway, I fail to get too excited about MYLX's one day trading patterns. We've seen it a few times go up 20% or so, and then fall back in succeeding days, and I'm always clueless about these minor perturbations in the cosmic equilibrium. If history is a guide, we'll be back between five and six real soon now. My theory on these price movements is that Puck is enjoying giving Larry Sherwood reason to hang on to this stock, instead of trading it as anyone truly interested in making money would do. While I'm holding forth, I question whether or not MYLX would be a good acquisition for Compaq. I think being part of Compaq might be a negative for some of MYLX's current and prospective customers. Wouldn't IBM prefer to deal with an independent MYLX as opposed to a unit of Compaq?? Course, if IBM aspires to stick MYLX with a lot of inventory as they did a year or so ago, well they might enjoy being able to do that to Compaq, but I guess I'm treading into the territory of conspiracy buffs. I've long thought that another drive manufacturer might like MYLX- for example, I've wondered about an EMC/MYLX combination- but so far people who make a lot more $$ than I don't seem to see the wisdom of that. Regards, Larry