Micron Electronics (MUEI) Message Board

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Technology Stocks : Micron Electronics (MUEI)

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To: Chih-Lun You who wrote (2505)	12/3/1997 1:57:00 AM
From: Lee Martin	Read Replies (1) of 4074

<<I recently added MUEI to my portfolio along with INTC,SGI,CKSG,APM. I am planning to hold on to these seemingly "bottomed" value stocks for at least six months.>> What do you think about ASND? They got into trouble because of software and hardware problems with k56flex rollout which resulted in a loss of market share to COMS X2. Yesterday ASND announced they have shipped 1.7M k56flex ports which is twice the total number of ports shipped by COMS. ASND taking back market share played a part in causing the COMS warning. ASND has gone from 80 to 23 as all the analysts cut estimates and downgraded the stock. Everybody hates this stock now and expects them to be the next networker to warn. I think they will not warn and will meet est. Much of the revenue lost last Q was due to ISP's delaying orders until k56flex was fixed. Now that it is, the revenue lost last Q is being regained. IMHO ASND is at or near its low (barring a warning). As soon as the street realizes they will make their est. this baby is headed higher. What do you think? I'm long MUEI and ASND and waiting for some good news to send these poor ol' beaten up stocks back up where they should be. Regards, Lee

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