" How can MU selling its shares make the price go up?" If this ever happens then the shares will be bought at a fixed price by either an investor banker (a fair market value would be I guess around $24) or through a private placement. No company is that stupid to dump so much shares in the market. Anyway since MUEI now ranks 5th ahead of HWP and IBM expect the share price to reach $20 very soon.
Maher
" HAMPTON, N.H.--(BUSINESS WIRE)--June 8, 1998--Hewlett-Packard Co. HWP fell out of the top five ranking in Technology Business Research Inc.'s (TBR) first calendar quarter 1998 Computer Business Quarterly (CBQ) Benchmark Index, displaced by Micron Electronics, Inc. MUEI in fifth place and falling behind International Business Machines IBM in sixth place. This is the second quarter in a row that HP has dropped in rank. Dell Computer Corp. DELL , Sun Microsystems, Inc. SUNW , Compaq Computer Corp. CPQ , and Gateway, Inc. GTW retained their respective top four rankings. TBR's First Quarter 1998 CBQ Benchmark Report, which provides the analysis behind the CBQ Benchmark Index, will be published June 15, 1998." |
