Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Sig who wrote (161074)	9/26/2000 8:10:52 AM
From: kemble s. matter	Respond to of 176387

Sig, Hi!! RE: Whats going on here, are all the PC'ers cooking the books? <<<07:51 [MUEI] MICRON ELECTRONICS Q4 EARNINGS 24 CENTS A SHARE VS. 9 CENTS EXPECTED>>> biz.yahoo.com <<<Micron Electronics Reports a 50 Percent Increase in Revenues for the Fourth Quarter and Sequential PC Unit Shipment Growth of 36 Percent>>> Seqential huh, wonder if that means qtr to qtr? Sig ( waiting for someone to explain what in he$$ the PC analysts are talking about) Unbelievable huh?? Best, Kemble

To: Sig who wrote (161074)	9/26/2000 12:03:52 PM
From: D. Swiss	Read Replies (2) \| Respond to of 176387

Sig babes, FWIW, there is a lot of institutional buying today: iw.thomsoninvest.net I know GVTucker said it is not reliable, but It seemed reliable yesterday when Dell was tanking while Thomson showed institutional selling big time.. :o) Drew

To: Sig who wrote (161074)	9/27/2000 3:25:46 PM
From: John Koligman	Respond to of 176387

Sig, the analysts are saying most of the oomph at MUEI came from memory and other initiatives. Micron Electronics Profit Soars On Growth in Memory Business A WSJ.COM News Roundup NAMPA, Idaho -- Micron Electronics Inc. said profit soared 68% in the fiscal fourth quarter, easily beating expectations, on strength in its SpecTek memory business. The personal-computer maker posted net income of $23.1 million, or 24 cents a diluted share, up from $13.7 million, or 14 cents a share, in the year-earlier period. Analysts surveyed by First Call/Thomson Financial were expecting a profit of nine cents a share. But some analysts were disappointed that most of the growth came from the memory business, and not Micron's personal-computer systems and Web-hosting units. The company's shares traded down $1.50, or 12%, to $10.88 at the 4 p.m. close Tuesday on the Nasdaq Stock Market. Revenue rose 50% to $500 million in the quarter, which ended Aug. 31, from $333.1 million in the year-earlier period. In a conference call early Tuesday with analysts, Chief Financial Officer Jim Stewart said higher income from the SpecTek business and fewer losses in the company's PC operations were the main reasons for the company's growth. SpecTek operations had sales of $205 million for the quarter, compared with $63 million in the year-ago period. Micron's personal-computer business sales were $284 million for the fourth quarter, compared with $270 for the fourth quarter last year. PC gross margin was 11.1% for the fourth quarter, compared to 17.6% a year ago. The company said the decrease in gross margin percentage in the most recent fourth quarter was primarily due to the mix impact of the lower-margin VelocityNet Direct, or VND, initiative, and to building market position in consumer retail. PC unit shipments for the quarter rose 29% over the fourth quarter of fiscal 1999. These increases were primarily due to the success of VND, the company's retail-direct business. Revenue from the company's HostPro Internet and Web hosting business increased to $11.4 million for the fourth quarter. Monthly average churn for hosting accounts was about 2% in the quarter.