Micron Electronics (MUEI) Message Board

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Technology Stocks : Micron Electronics (MUEI)

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To: joshi who wrote (2159)	10/30/1997 6:27:00 PM
From: Michael Burry	Read Replies (1) of 4074

Re: thread opinion Contrary to popular belief, just because SI thread sentiment gets bullish as a stock fall doesn't mean the stock has further to fall. Look at all the semi threads in May and June 1996. We had masses of people agreeing with each other that the correction was overdone. MUEI is oversold, has a good franchise, is winning all the right awards, and is in general ignored by most people because they don't even want to tackle the MU/MUEI issue. If/When it breaks the 12 5/8 support, I'll re-evaluate -- for my next buy point. Look at the cashflows, the balance sheet, the product quality -- things of beauty. It's hard to imagine the sub-1000 market hurting Micron. Micron's customers have always been the higher end. They've positioned themselves as the best quality for higher prices. These sub-1000 systems are a joke -- has anyone really taken a look at what's inside? Most of today's software would crawl. Margins should be more resistant. Compaq's market share strategy is not a good one. It will never monopolize the industry enough to be able to single-handedly bump up prices in the future. Ironically, Micron's brand name is as synonymous with quality as any PC manufacturer out there.

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