Micron Electronics (MUEI) Message Board

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Technology Stocks : Micron Electronics (MUEI)

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To: werefrog who wrote (2401)	11/21/1997 3:32:00 PM
From: gmccon	Read Replies (1) of 4074

<< Computers are getting cheaper and this will severely hurt this stock. >> I hope your message gets through. Sub $500 PC's are right around the corner. MUEI can't sell theirs at current levels. I don't understand what's holding GTW up. I have a feeling the slump in Notebooks will hurt boxmakers across the board, includding DELL and CPQ. We've seen a lot of price slashing there. Could be they'll all get caught holding inventory like MUEI. Eventually, profit margins will sink to the ground, and only the strong will survive. Even then, their earnings won't be as attractive. It's still not over in Asia, either. Big bank in Japan just threw in the towel. Korea's worse. Hong Kong isn't settled but for the moment. Investor reaction to AMAT's positive earnings (stock down) speaks volumes. There are a lot more bumps in this road. I was hurt this morning, but I'm out now and looking for safety. Best of Luck. Opinions only. Greg

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