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

To: Karl who wrote (2487)	11/27/1997 8:47:00 AM
From: Larry S.	Read Replies (1) \| Respond to of 4074

Bot a XKU 266 PII, and shares at 12:- could have waited (on the shares). Think this stock is as cheap a bargain as almost any i see on the radar screen. yes, short term inventory problems, how can a made to order box maker have inventory problems: because they screwed up in estimating demand. but they still had 30% revenue growth. and the advertising campaign will be a short term expense that should lead to long term rewards as the name micron becomes more of a household name along with dell, cpq, ibm, hwp, gateway and packard bell. Also think that the announcement of micron getting into the sub $1000 market is exciting, i look at the ads for these machines from cpq and packard bell. they are all using 133s and 166s, and 33.6 modems that are not upgradeable. I will not buy a machine today without 56K modem. If micron can put together a nice enuf package, they will be the first mail order to offer sub 1000 and with a monitor. While the margins are slim on these machines, the falling prices caused by overseas chaos, plus currency advantages should help the bottom line. And if you have a fixed plant, and can increase revenues, that you amortized the fixed costs over a much larger base, and is an efficient business model. I see a downside of 8 or 9 and an upside of 20-25. I will take these odds any day. looking forward to my new machine and making money in this stock. Larry