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Technology Stocks : Micron Electronics (MUEI)

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To: Lee Martin who wrote (2565)12/12/1997 1:07:00 PM
From: Steve Rolfe   of 4074
 
Lee, MUEI preannounced earnings in November as minimal. This would indicate that they would at least be profitable this qtr. This should be accounted for in the current price. Analyst's estimates are $.13 for next qtr. Do you think the price is dropping in anticipation of a loss this qtr? Do you think if they at least break even and address all of the analysts concerns that the price should head back up? Just wondering what you were thinking... What does everyone else think?

Steve
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