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Technology Stocks : Micron Electronics (MUEI)

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To: Captain Jack who wrote (3814)4/25/1999 8:50:00 PM
From: Patrick Hennessey  Read Replies (1) of 4074
 
Captain,
I also think the action on MUEI is looking good. 9 1/2 is starting
to look like support. Last year I started buying around 9 to 11
and stated selling in the 19 to 22 area. Since the pullback from 25
have been buying about every dollar down from 15. I also know friends
of mine have been accumulating too. Volume on down days seems to be light too. With only 32 or so million shares in the float, average trading volume around 1.2 million shares, I think all we need is a few
big players to jump in to get the ball rolling. Notice the spikes
on the intraday chart around 2:45 to 3:30, price went up as did volume
these trades were'nt small players. It looks like some nibbling
is starting to take place!!

Pat
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