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


To: Edward J. Edwards, III who wrote (2509)12/3/1997 10:48:00 AM
From: Eric W. Richesin  Respond to of 4074
 
Consensus Estimates This Quarter (Nov 97) 0.09
This Year(Aug 98) 0.80
Next Year 1.11

I got this on Yahoo Research. Is this the current estimates? Or are these revised lately? I noticed 5 Moderate buys and 9 Holds on Yahoo.



To: Edward J. Edwards, III who wrote (2509)12/3/1997 4:49:00 PM
From: MONEYMAKER  Read Replies (2) | Respond to of 4074
 
Actually 3 months won't get it done. It will take 2 -3 quarters (6-9months) for this stock to get back to the high teens. The long term outlook looks excellent, but until they clean up their inventory problems this stock will go nowhere in the near future. I owned this stock at 10 once, and sold at 22, and thought it would never be at 10 again, but its slowly getting there. I have a large buy order in if it hits 10 again, which I think it will. This stock is a bargain at these prices because it has nowhere to go but up, and if the company is sold it will fetch $20 per share (my estimate) so its a win-win situation either way. Good investing MM