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Technology Stocks : Micron Electronics (MUEI)
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To: Captain Jack who wrote (3906)9/7/1999 11:38:00 PM
From: David G. Pung  Read Replies (1) of 4074
 
I, as a corporate user of Micron, has lost the faith in their ability to deliver numbers with any sign of growth. We were in the market for 4 PIII dual CPU servers, I tried to give Micron the benefit of the doubt, but a series of past mishaps and their inability to compete in price/performance on these servers has lead us to Dell. As a stock holder and as a corporate buyer, the Micron product is not what it use to be.

After waiting to see what Joel was going to do with this company, the sales have slipped, the profit margins have slipped, their aggressiveness to gain market share has slipped, and their products have slipped. Their idea of marketing is to pay an enormous amount in order to name a bowl game named after the company.

Now I am looking for a good exit from my remaining shares of MUEI
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