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Technology Stocks : Micron Electronics (MUEI)
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To: werefrog who wrote (2401)11/21/1997 12:20:00 PM
From: marc chatman  Read Replies (2) of 4074
 
I agree with you, Jim. Sold most of my MUEI the past couple of weeks. Bailed out of the rest at the open.

A takeover is the only immediate fix, and I never count on that. Sales are good, but the cost structure sucks. By the time they get that under control (if, in fact, they do have the stomach to cut the expenses in the middle of a big promotional push), who knows what sales will look like. Maybe it will bounce, but no recovery for awhile IMO.

Good luck all.
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