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Technology Stocks : Micron Electronics (MUEI)

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To: joshi who wrote (2323)11/18/1997 3:15:00 PM
From: MONEYMAKER  Read Replies (1) of 4074
 
Pray as you may, but all the awards in the world won't move this stock. Until there are substantial profits to be had, which are not happening at this point, this sock will go sideways for the next 3-6 months. No institutional buying and little interest at this time. Their profits are being squeezed by the low cost boxes proliferating the market place. MUEI is a great company but a dog if you own the stock. Good investing.
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