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Technology Stocks : Micron Electronics (MUEI)

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To: marc chatman who wrote (2172)10/31/1997 8:29:00 PM
From: Yakov Lurye  Read Replies (2) of 4074
 
Marc,

Looks like we are into same stocks: APM, MUEI, WDC and what else - maybe CYMI? Not having a good October,eh? Hopefully things will turn around soon.

As for MUEI, it is not a regular PCmaker. They had also inherited DRAM-related SpecTek line and contract operations - the stock price decline may be related to the DRAM glut.

Overall MUEI seems to be a good value, but until the DRAM clouds dissipate, it may lag the PCmakers sector.

Good luck with your trading

Yakov.

PS I had spent last 2 years on an assignment in Thailand - that market
went from 1200 to 800, now at 400 - it had been in decline at least for three years, and now suddenly their problems are big news... Talk
about efficient markets. Great country, though
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