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Technology Stocks : Micron Electronics (MUEI)

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To: Axxel who wrote (3561)12/1/1998 4:30:00 PM
From: syborg  Read Replies (2) of 4074
 
Since I just purchased a new 450MAX with the 21" Hitachi it seems I will be in good company on this board. I decided to get off the fence and buy today since they just dropped their prices. The sales rep I talked to told me that MUEI marketing wants to keep within $100 of Dell related to pricing. If they can do that with their component quality I would think this could be a good investment. I am considering getting in on the MUEI action but am wary of the price so close to the 52 week high. Any thoughts from you folks out there about a decent strike price? I would like to decide quickly since their earnings are out before the end of the year. Two thoughts stick in my mind... were the price cuts made by necessity or to grow market share?

syborg
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