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Technology Stocks : Micron Electronics (MUEI)
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To: rll who wrote (3809)4/22/1999 3:56:00 PM
From: Alan Rosen  Read Replies (1) of 4074
 
I hear what you're saying, it is true that the big slide for MUEI started after last quarter's earnings were released. I do feel, however, that MUEI was negatively affected some more by the perception that their was trouble with the entire PC sector.

Further, I think that Micron has a lot of work to do if it is to survive and prosper. My sense is that this is a much weaker company than it was 18 mos. ago. Having said that, I still "feel" that the stock could return to the low teens.

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