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Technology Stocks : Micron Only Forum

MU 237.50

-1.5%

3:59 PM EST

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To: Eric Miller who wrote (288)	6/11/1996 8:55:00 PM
From: Fred Fahmy	of 53903

Eric, Regarding your comment on Micron "...and they have no other products" This is also wrong. More than 15% (and growing rapidly each year) of Micron's earnings come from MUEI. Micron owns 80% of MUEI (Micron Electronics) which has been very successfuly markeing PC's through the direct channel. Three years ago MUEI was only 5% of the earnings. Given that they contributed 15% last year and that MU had a record year this shows extremely strong growth. MUEI should contribute signficantly more this year in both absolute dollars and on a percentage base. FF

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