Micron Electronics (MUEI) Message Board

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Technology Stocks : Micron Electronics (MUEI)

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To: Ellis Rudman who wrote (3797)	4/8/1999 2:28:00 PM
From: Jim Berg	Read Replies (2) of 4074

Expect MUEI to start upward soon, I base this only on what the price chart shows. Investors are wary of making a commitment while a security is in a downward movement and I have always found that sentiment (fear} is the driving force behind a downward price move. This downward move can continue in spite of earnings, and company news being excellent. This is certainly not the time to give up on this one, It will head upward as soon as it bounces off $ 9 7/8 if it gets that low. Once it has hit its historical low the fear of buying will cease to exist and investors " like myself will dive in " on the long side Have patience your right on top of a recovery.

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