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Technology Stocks : Micron Electronics (MUEI)

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To: Paul Viapiano who wrote (2411)11/21/1997 2:30:00 PM
From: LWolf  Read Replies (1) of 4074
 
What's missing here.
When you look at the financials on this company, they're still strong (better than a whole lot of companies out there). P/E is low. ROE is positive even pretty good (it's positive). OK, lets see: technology is par excelance, but advertising needs help, they need to adjust the overstock, they need to grow sales by XX%, and reduce costs (someplace) to keep the margins up and growing, and they need to get better at managing expectations. This fall is from a correction to earnings projections. As I recall, the biggies (Microsoft, Cisco), stay very conservative as they make their projections, and then BINGO they beat the estimate time and again. Perhaps Micron needs guidance from some savvy financial consultants.. IMO if they haven't got it on the inside.... they need to find it on the outside. Maybe they could call WG or JC for some advice :->

L.Wolf
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