Micron Electronics (MUEI) Message Board

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Technology Stocks : Micron Electronics (MUEI)

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To: BBoron who wrote (2420)	11/21/1997 4:41:00 PM
From: Glenn	Read Replies (1) of 4074

If you feel badly now, how much worse in six months when they are back at 20 and you sold at 11 1/2? Here's a little more to add into the mix, a quote from DJ Newswire, at WSJ Interactive: "Despite its projected earnings shortfall, Micron Electronics expects a 30% sales increase, exceeding the sector's average 18% growth rate for the period. Hardest hit were the company's notebook sales. Analysts blame the projected earnings shortfall on Micron's poor projections and high inventories." Better projections (more conservative) and some management of supply/demand concerns could make this dog hunt again in the springtime. The valuations are just too good with a growth rate in sales like they have, not to make some money on this stock.

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