Micron Electronics (MUEI) Message Board

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Technology Stocks : Micron Electronics (MUEI)

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To: SMALL FRY who wrote (3663)	12/22/1998 10:00:00 PM
From: rll	Read Replies (1) of 4074

SF, Obviously, I'm glad I decided to wait before getting back into MUEI. I'm not thrilled with their earnings, I was expecting a large upside surprise and would have gotten burned too, except I was concerned with the following quarters outlook, so I got out. And I think that outlook looks even tougher today. Stock was down 15% on huge volume (over 9 million shares). This is the largest volume day of the past year! Not a good sign. IMO, the valuation here is still high. I don't short stocks or I'd consider it. Of course, this is all just my opinion. The stock will probably take off tomorrow. <ggg> Good luck. rll

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