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Technology Stocks : Micron Electronics (MUEI) -- Ignore unavailable to you. Want to Upgrade?

To: Cosmo Kramer who wrote (4068)	12/22/2000 12:08:38 AM
From: DanZ	Read Replies (1) \| Respond to of 4074

Yes, although I don't think the trailing PE is as important as their strong balance sheet because they may lose money for at least the next two quarters. Given their high cash position and low debt, Micron Electronics should be able to ride out a recession unscathed if it occurs. In a better market, this stock should at least quadruple from here for a gain of 300%, and if it returns to the old high at 20, it would represent a gain of over 550%. Message 15069935 FWIW, Prudential Securities selected MUEI as one of their top 20 stocks for a bounce in January-February. Message 15001206