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

To: roger caothien who wrote (2460)	11/23/1997 11:07:00 PM
From: charlie	Respond to of 4074

I think not. But people with similar thinking tend to stay together. And that means the shareholders are doomed. A couple of month ago I bought MUEI. After further looking at the price curve over the past few years I was alarmed that an initial investment years ago would not make a cent, and quickly sold out my position with a tiny profit. I am kicking myself now for buying into this company on its compelling valuation again. But look at the bright side, its parent company get stuck with this for all these years, and did not get anything out of it. Had MU invested all the money in DELL they would not need to be in the DRAM business anymore. On a serious note, we are now trading at a P/S of 0.5. Would it make sense for DELL for somebody to come in, run the company with BTO, and achieve a p/s of 2. That could be a billion dollar easy profit. Anyone capable of selling this idea to Mike? Charlie