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Technology Stocks : Micron Electronics (MUEI)

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To: TScott who wrote (2783)1/7/1998 7:07:00 PM
From: joshi  Read Replies (1) of 4074
 
ATML has no effect on MUEI at all. There are many people that are nervous about sales and earnings and unlike the thought of many, MU share price has no effect on MUEI. As a matter of fact, its the other way around. MUEI earnings have an adverse effect on MU. Unfortunatly many people tie MU and MUEI together. The New mone is going into the Oil sector/Drillers and transports/airlines ect. "safe bets". Buying MUEI at these prices is a safe bet and will pay off(i think) by the end of the year. Good move. The next Hot sector may be a play on DVD. CUBE in here might be a volitle but good pick and an unknown co that produces DVD and CD'S is NMBS. NMBS has a small float and moves on low volume and has been whispered to beat estimates. (Estimates do not include a significant contribution from DVD's and Sales for the Disks have been strong. It is pressing movies for disney and many others. Good luck with this I will be holding my 2000 shares for a while.

P.S. After hours trading was 9.125 - 9.25
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