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

To: drifting the world who wrote (2230)	11/5/1997 9:03:00 PM
From: Mario	Read Replies (1) \| Respond to of 4074

Sometimes it is very hard to know when to sell, small and mid caps are not like the GE's & PG's where they move up and split every 2-3 years.I was in this stock before earnings @16 1/2 and sold @19 5/8 and re-entered @16 lately. I was able to get out for quick 3 point gain (in a 2 week time frame) but I wasn't so lucky on S3 where I let an 80% gain slip away from me because of greed. Although I blame management for the drop, I blame myself for not getting out with a nice profit a hard lesson to learn but hopefully makes me wiser. I'm an avid believer that there is no such thing as a long term mid or small cap stock because there are so many variables that drive the stock price of these companies. Don't get me wrong I like small and mid cap stocks and there is plenty of money to be made, but with most of them you can't put them in the safety deposit box for 2 years without touching them like you can a blue chip. Personally I'm going to watch this one go to 20 then put a stop loss in and watch carefully. By the way look at MUEI's chart it's past history is definetely not a long term stock but who knows. Now it definetely is a good trading stock for a 3-5 point swing, but you know what they say past history does not guarantee future prices. Mario