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


To: joshi who wrote (2380)11/21/1997 9:39:00 AM
From: Glenn  Read Replies (1) | Respond to of 4074
 
check out briefing.com:

09:22 ET Recommendations of Note: Micron Electronics (MUEI) cut to l-t
"attractive" from "buy" at BA Robertson Stephens and to "hold" from "buy" at
Montgomery....Walbro (WALB) lowered to "sell" from "neutral" at Bear Stearns...

09:09 ET Micron Electronics (MUEI) 13 7/8: Issue indicated 1 3/8 pts lower on
news the PC maker expects Q1 net to come significantly lower sequentially, citing
inventory and pricing pressures. Expects minimal net income for Q1. Wall Street
was expecting earnings of $0.22 a share. Montgomery Securities cuts stk to "hold"
from "buy." Analysts are saying don't transfer MUEI weakness to rest of PC group.