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Technology Stocks : Micron Electronics (MUEI)

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To: marie fouchia who wrote (3344)6/3/1998 10:17:00 PM
From: James Berg  Read Replies (2) of 4074
 
<Looks like all the bad news was in its stock price at 9- 10
share price. Not much downside risk, even at current levels, but lots of upside potential! All longs who
have hung in there and waited patiently--hang in longer!!! One promising qtr this year will send this
laggard shooting up to the 20's and beyond.>

I wouldn't be surprised to see MUEI hit 7 or 8 long before 20, as they've picked a bad time to try to turn the company around. The other companies are experiencing slower demand, and this time of the year isn't known to be the best for computer sales...

On the other hand, I did receive a flyer in the mail from them, so it is apparent that they bought at least part of Internic's database of clients. At least now they are trying.

--James
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