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Technology Stocks : Micron Electronics (MUEI)
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To: SMALL FRY who wrote (3652)12/22/1998 8:43:00 AM
From: rll  Read Replies (2) of 4074
 
SF,

Ok, I've reviewed the earnings report and think MUEI did a good job of cost containment this quarter. However, I was surprised that they didn't do better than $0.11. PC system sales need to increase big time. Cutting R&D by half is only going to hurt in the long term. It seems to me that the current valuation for MUEI is based on larger growth than we've seen this quarter. Good luck to you.

rll

P.S. I have no position in MUEI at this time.
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