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

To: Thomas G. Busillo who wrote (2256)	11/7/1997 8:09:00 PM
From: Yakov Lurye	Read Replies (1) \| Respond to of 4074

Tom, Very rational assessment (sp?). I would add that in addition to overall jitters about PC makers, the stock action may reflect reasonable concerns about the results of the coming quarter. Non-PC operations accounted for 20+ percent of the gross margin for last year, may be not contributing that much as of now. Ad campaign may bring more sales in the next quarter, but for now it is an additional expense. On top of it, MUEI price correlation with MU prices is too strong to dismiss or ignore and this was a decent week for MU... I like this stock longer term, but am seriously considering selling a protective covered call closer to earnings time. Regards, Y.