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Technology Stocks : Micron Electronics (MUEI)

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To: SMALL FRY who wrote (3585)12/6/1998 12:02:00 PM
From: rll  Read Replies (2) of 4074
 
"Earnings report: 15Dec98; Consensus Est: .11; Whisper Number: .13; Last Qtr: .08"

SF,

MUEI currently has a P/E of 32 based on consensus est for 8/99 of $0.64. This compares to GTY P/E of 22 for 12/99 est of $2.78 and DELL P/E of 45 for 01/00 est of $1.46. IMO, if MUEI doesn't beat the whisper number then the price is going to drop steeply. I think they will probably beat it, but it is the first quarter that I'm concerned with. They simply are not as competitively priced as DELL. They are better than GTW, however, compare the two valuations. Good luck to you.

rll
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