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Technology Stocks : Micron Electronics (MUEI)

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To: Brezlin who wrote (3381)6/16/1998 10:17:00 AM
From: yard_man  Read Replies (1) of 4074
 
Their weak performance: Slowing revenue growth. Earnings which resulted strictly from a one-time sale of assets and the sale of previously written down inventory coupled with the indication of increased competition which was even contained in the article you posted:

>>Wholesale technology products distributor Ingram Micro Inc. (IM)
signed a non-binding letter of intent with electronics manufacturing services
provider Solectron Corporation (SLR) to provide build-to-order
assembly services for personal computers and servers in the United States,
Canada, Europe, Asia and Latin America. <<

portends lower prices for MUEI stock.
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