Micron Electronics (MUEI) Message Board

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Technology Stocks : Micron Electronics (MUEI)

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To: bundashus who wrote (3327)	5/23/1998 1:52:00 AM
From: James Berg	Read Replies (1) of 4074

<After today, Muei has got to be a screaming buy now!!!!!> What's holding MUEI down is the fact that their parent company, Micron Technology (MU) is going to be experiencing financial problems if dram continues its decline. MU will need to sell more of their assets, and MUEI is a large part of their portfolio as MU owns about 64% of MUEI. If (more likely when) MU realizes there's no other way to raise the operating capital they need, they will likely sell a bunch of MUEI. Who would want to buy MUEI now, knowing this? --James

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