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Technology Stocks : Micron Electronics (MUEI)

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To: Jim Rogers who wrote (2680)12/22/1997 10:31:00 AM
From: Jim Rogers   of 4074
 
Granted that moving up from the bottom of a well doesn't necessarily even get you out of the well but I believe there was an upgrade of MU last week and there is one this morning. Since MU and MUEI tend to move in the same direction, this should be good for MUEI. The MU upgrade along with the sale (which everyone has agreed needed to be done if we are ever to get MUEI P/E ratios near those of the other box sellers) should bode well for MUEI. We have a long way to go but at least I shouldn't get another margin call today.
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