Bill; RE:"impatient..."
...frankly, Bill - MUEI is a pain in the ass; always has been!
I remember the first time I bought MUEI, it was around 40 something. Made about 10~15%, they were hot iron out in San Francisco and everyone was learning how to buy mail order, and buying Micron PC's.
Then they split 2:1, for some silly reason :-/
Dunno why - I mean, $45 bucks didn't seem like a lot. These were the days when the BID / ASK on NASDAQ was like, 3/4 point or something - MUEI was listed in the "small cap" section of the paper, and they were about to become listed on the "official" NAZ; mebbe they needed more shares outstanding or something, I dunno.
Stock and Company never did shit after that. Bounced around, never felt like it could get a trend sustained, you know ? Up and Down, over and over. When it gets down low like this, I start to get itchy for la vache - c'est MUEI.
But I feel so dirty, you know, trading 1000s in my IRA, over and over, for 1/4 point gains this week. By 14, sell 14-1/4; buy 13-3/4, sell 14 (today). Currently out {grin} as my big fish (DELL and CPQ) have diverted my attention (approaching necklines at ~75 and ~57, respectively). No time to milk the laughing cow.
BRIEFING.COM is recommending MUEI in the PC sector. You know what I wish? I wish the guys at Micron had more P/R sense and sensitivity to their shareholders. They could do a lot more, I think, if they could see past MUEI as a more than just a means to an end (outlet for MU memory products), you know what I mean ? Best regards,
-Steve |
