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

To: E_K_S who wrote (1766)	1/31/1999 9:59:00 PM
From: Baker	Read Replies (1) \| Respond to of 1820

Eric, we'll one thing we know for sure is that the legal problems with the old president are finally behind Mylex. With this cleared off the books, I think Mylex will earn about the same .12 this first quarter which it typically a slow quarter. Q2 my estimate is .18; Q3 .20 and then Q4 (another typically slow quarter because of slow european sales) .18. So for 1999 .68 cents. IMHO this first quarter is really going to tell us whether Mylex is back on track long term. You are correct, it has been a long time since Mylex has strung together several positive quarters. If Mylex can meet or beat the numbers this quarter I think stock holders will be rewarded. I expect the stock to climb to the $14 range sometime this quarter but then pull back before the Q1 numbers are reported. P.S. I will be out of touch for a few weeks as I'm off to Harvard for a management program.