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

To: Willsgarden who wrote (2454)	11/23/1997 8:58:00 PM
From: Glenn	Read Replies (2) \| Respond to of 4074

Perhaps this was unique but thought I'd pass it along for what it's worth. In a conversation with a store manager for Office Max the other day regarding a couple of computers I was looking at for the office, he remarked that it was the higher end machines that he had trouble keeping in stock, not the low end ones. Made me wonder just how much of a dent this low end machine choice will make on someone like Micron. With the price pressure on the high end computers as it is, I'm not convinced yet that a lot of people won't opt for them at a $2K price rather than the obsolete off the self models for $1K. We'll see in the next couple of quarters I guess.

To: Willsgarden who wrote (2454)	11/23/1997 9:14:00 PM
From: Glenn	Read Replies (2) \| Respond to of 4074

Just more reiteration of analysts views, this one from the interactive.wsj.com Analyst Dan Niles of BancAmerica Robertson Stephens & Co. said that Micron Electronics has a chance of playing in the top tier of computer makers because its products are very good. But, he said, the company will have to get its operations in order and regain credibility on Wall Street. "It has so much potential, it's just amazing that they keep messing up," he said. Mr. Niles lowered his rating on the company to "long-term attractive" from "buy" because he thinks it will take several quarters for the company to regain its footing. The stock probably won't move much below where it closes Friday, he said, but it also isn't likely to rise until the company recovers from the inventory back-ups it will have to confront in the near term. It's not just us stockholders that are frustrated by MUEI!