Micron Electronics (MUEI) Message Board

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Technology Stocks : Micron Electronics (MUEI)

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To: MONEYMAKER who wrote (3306)	5/11/1998 8:02:00 PM
From: Timothy W Adams	Read Replies (1) of 4074

MUEI's third quarter ends later this month. They last announced earnings March 16, so I wouldn't look for them to announce the May period until about June 16. When a stock gets hit hard and suddenly like this, with no specific news, I sometimes buy a bit looking for a short term gain of 10% or so. I made about 15% in one day earlier this year on DIGI by playing this strategy (I also kicked myself for not buying more, but don't we all under those circumstances), and I'm seriously tempted here, although I doubt I'll be able to do better than about 8%. I've been bit a time or two, as well, and my short-term trade turned into a longer term investment! Just a thought, as I don't believe this company will take off right away, but I don't expect them to go out of business, either.

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