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To: E.J. Neitz Jr who wrote (27433)12/21/2000 11:44:44 PM
From: starbreak  Read Replies (2) | Respond to of 53068
 
Ed, I'm learning here, but this is my take on it. It seems to be a buy when it goes below it's 200 dma, which it is. It has seasonal lows at this time of year and seems to trend up thru spring and level out awhile before trending up again. It's low to me would indicate the 30-35 area from drawing a line on the lowest lows for 3 years. I've also noticed that this stock seems to do it's own thing pretty much more or less irregardless of markets or static. It would be for a longer term hold winter til late spring-summer.



To: E.J. Neitz Jr who wrote (27433)12/21/2000 11:49:32 PM
From: DanZ  Read Replies (2) | Respond to of 53068
 
MUEI.

Micron Electronics reported a first quarter profit of 2 cents per share on a 15% increase in revenues after the close yesterday. The profit was in line with the company's warning on Dec 1, and revenues were actually slightly higher than the $385 to $400 million guidance from the company on that date. As of the Nov 30 balance sheet released yesterday, MUEI had $306,345,000 in cash and liquid investments ($3.16 per share), down a little from $326,034,000 on Aug 31 ($3.38 per share). The company also has $206 million in receivables, $221 million in fixed assets net of depreciation, and very little debt. The stock closed today at $3.25, which is only 9 cents per share above their cash value, and it actually traded below the cash value yesterday. If this isn't an irrational extreme, I don't know what is. biz.yahoo.com

Merry Christmas to all.

PS to Ahmed: Best of luck, pal, and a special Happy Holidays to you. My heart goes out to you and others that have been wiped out by this market. I have been bruised, but not knocked out.