Micron Electronics (MUEI) Message Board

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Technology Stocks : Micron Electronics (MUEI)

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To: Alfredo Nova who wrote (3318)	5/16/1998 6:31:00 PM
From: dave luken	Read Replies (1) of 4074

We have less than two weeks before the quarter is over. So if muei is going to prewarn of earnings shortfall it will be very soon. Lets hope no such news comes out. Estimates for the quarter range from -.02 to .05. In feb when they warned of earnings shortfall they announced this two days before the quarter was over on feb 24. With hwp coming up short its going to be tough sailing for the box makers for a while i believe. As a shareholder of muei i think we may have to wait at the earliest for the aug quarter before any good news shows up, but probably it will be closer to the end of 98 before this stock starts gaining the confidence of the street. You dont have to be a technical wizard to see that muei is closing in on the support range at 11 to 11.5 Looks like a good area to accumulate some more shares. I would be very surprised to see this stock drop below 11. Most of the bad news has already been accounted for and good things are going to come to this company in the next year. I am very confident of this.

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