Micron Electronics (MUEI) Message Board

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Technology Stocks : Micron Electronics (MUEI)

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To: Will Cunningham who wrote (2155)	10/30/1997 4:30:00 PM
From: joshi	Read Replies (1) of 4074

The stock isnt dropping because of competition. Its the "correction" that is dropping the stock. Look at Dell down 5 today. Is that because they are the next ACER? Are they bowing to the competition? I dont think so. What is happening is called "the margin call". Most have to be sured up by the close of business thursday. The selling we are seeing isnt to "lock in profits" cause at these prices, there are none. ASND is the same. Deflating to the lowest price in over 2 years. Are they folding to the competition? If they are then so is Three Com down from 55. Will Dont Panic. I'm willin to bet that after we test 12 5/8 we will be back up and very quik. Maybe as soon as tom! Good luck all.

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