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


To: Larry S. who wrote (2258)11/7/1997 10:50:00 PM
From: Mario  Respond to of 4074
 
Larry,

I don't know what your entry and exit point were but good luck to you. You know market is very wishy washy right know; earnings are basically over (it is funny we all look to earnings for the big push in a particular stock but it usually is the most voliatile time) and now it is time to look at next quarter. I really feel there is little downside in this stock (short of a melt down) and is basing between 14 &15. Today was a good day actually I know everything I watch was down. I will also go out on the ledge and say MU has no intention of letting their 60% go in this stock without one hell of an offer. Why should they, right now this is the most stable part of their earnings in fact I believe they would like to see the business grow. As far as the contract manufacturing goes this is a good field with a lot of potential. Now the Spec trek (I think that is right) I have no idea but I will take a stab. I know that it has too do with DRAM and I think re-pricing of DRAM but I'm sure as hell not sure (need some help here). One thing is for sure, it is not much percentage wise of MUEI's earnings. Guys I'm not sure if I'm making sense in this post or not but hang on; this stock is not going to fall off the earth and it probably won't break any records short term either. This market will change for the good and so will the stock, you can bank on that; now when??? Anyones guess

Mario