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Technology Stocks : Micron Electronics (MUEI)
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To: Harold S. who wrote (2695)12/19/1997 1:08:00 PM
From: MONEYMAKER  Read Replies (1) of 4074
 
<patience will be a virtue with this stock>

I've been patient for 2 years now, and where's the virtue. The stock has gone nowhere, even though revenues have grown 10 fold. Basically they don't know how to make a profit due to ineffective management. Their products are excellent, customer service is outstanding, but timing and foresight are poor. In the competative environment of box makers, if you are not a leader such as compaq or dell, you are doomed either to go out of business or be bought out by a larger competitor. I predict they will be bought out in the near future. MM
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