Micron Electronics (MUEI) Message Board

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Technology Stocks : Micron Electronics (MUEI)

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To: joshi who wrote (2636)	12/15/1997 8:53:00 PM
From: Tom Gebing	Read Replies (1) of 4074

<< earnings would have been about 32 - 35 cents. Good company, bad execution >> My feeling exactly. I can not believe they let the operating expenses get out of control. I knew it was going to increase when they announced the new advertising, but this is unacceptable. I love the fact they put most of the blame on increased pricing pressure. Yes no doubt, but the real cost this quarter was their management of expenses. Does anyone know if the parent ( MU ) passed some of their problems to be buried in this report ??? I would hope that it is not possible. But sometimes I wonder. I look forward to the CC to see if there is a potential sign of intelligent management under control. IMO, most of this poor news is built in the current price. The key will be if the company can show they have control of the problems , once and for all. Hope the conference call reflects this. Regards and good trading to all, Tom

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