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Technology Stocks : Micron Electronics (MUEI)

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To: bobgh who wrote (2136)10/29/1997 12:30:00 PM
From: marc chatman  Read Replies (1) of 4074
 
bobgh, you may be right. Now in negative territory, but so are a lot of others. I like the long term story on this one. I bought at 16+ because, at the time, the short term technicals were showing oversold, and it seemed to be in a trading range between about 16 and 20. The market took us below support, and unless we get some good news, we may be in a lower trading range with resistance in the $15 range and support at about $12 1/2.
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