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Technology Stocks : Dell Technologies Inc.

DELL 126.03

-0.9%

2:26 PM EST

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To: Douglas A. Sevy who wrote (22358)	11/21/1997 9:59:00 AM
From: Venkie	Read Replies (2) of 176387

Friday November 21, 9:31 am Eastern Time RESEARCH ALERT - Micron Electronics cut NEW YORK, Nov 21 (Reuters) - NationsBank Montgomery Securities said on Friday it cut its rating on shares of Micron Electronics Inc to hold from buy after the company said its first quarter results would be significantly lower. -- Montgomery said the company has disappointed Wall Street during the past three quarters and this announcement was ''the straw that broke the camel's back.'' -- Company sees inventory and price pressures hurting first quarter margins, and sees minimal net income during the first quarter. maybe this

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