Micron Electronics (MUEI) Message Board

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Technology Stocks : Micron Electronics (MUEI)

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To: Willsgarden who wrote (2454)	11/23/1997 9:14:00 PM
From: Glenn	Read Replies (2) of 4074

Just more reiteration of analysts views, this one from the interactive.wsj.com Analyst Dan Niles of BancAmerica Robertson Stephens & Co. said that Micron Electronics has a chance of playing in the top tier of computer makers because its products are very good. But, he said, the company will have to get its operations in order and regain credibility on Wall Street. "It has so much potential, it's just amazing that they keep messing up," he said. Mr. Niles lowered his rating on the company to "long-term attractive" from "buy" because he thinks it will take several quarters for the company to regain its footing. The stock probably won't move much below where it closes Friday, he said, but it also isn't likely to rise until the company recovers from the inventory back-ups it will have to confront in the near term. It's not just us stockholders that are frustrated by MUEI!

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