Micron Electronics (MUEI) Message Board

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Technology Stocks : Micron Electronics (MUEI)

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To: joshi who wrote (2380)	11/21/1997 9:39:00 AM
From: Glenn	Read Replies (1) of 4074

check out briefing.com: 09:22 ET Recommendations of Note: Micron Electronics (MUEI) cut to l-t "attractive" from "buy" at BA Robertson Stephens and to "hold" from "buy" at Montgomery....Walbro (WALB) lowered to "sell" from "neutral" at Bear Stearns... 09:09 ET Micron Electronics (MUEI) 13 7/8: Issue indicated 1 3/8 pts lower on news the PC maker expects Q1 net to come significantly lower sequentially, citing inventory and pricing pressures. Expects minimal net income for Q1. Wall Street was expecting earnings of $0.22 a share. Montgomery Securities cuts stk to "hold" from "buy." Analysts are saying don't transfer MUEI weakness to rest of PC group.

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