Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lee Martin who wrote (2562)	12/11/1997 2:53:00 AM
From: Tom Latham	Read Replies (1) \| Respond to of 4074

re "But I'm the dummy that thought MUEI was a buy at 16.5". **** Lee the market has changed in its forcast because of ASIA and the price wars faster than any other time in investing history. You my friend ain't any dumber than any one else that has bought ----- we all want the bottom as an entry price. I bought today 2 blocks @ 10 1/16 and I only can hope for some kind of market recovery to raise mine and yours and everyone who is a tech investor and has been pinched in this current market. What will a few months tell?

To: Lee Martin who wrote (2562)	12/11/1997 5:17:00 PM
From: Steve Rolfe	Read Replies (1) \| Respond to of 4074

Lee, I called Bill(MUEI Investor Relations) today just to hear some of that info myself. He mainly told me what you already did. Earnings estimate .05-.06 for this quarter (actual # due Monday 12/15). Earnings estimate .13 for next quarter. Earnings estimate .63 for fiscal year 1998 ending in October. (Gave me the disclaimer that these are estimates from an independent source not MUEI itself) Talked about how they are working on getting the inventory problems under control. Hardly any exposure to Asia like you mentioned. He says they are experiencing 30% Year over Year growth. The replay of the conference call (joint with Micron Tech) should be available after 5:30 PM Mountain time. Phone Number for replay: (402) 220-0103 Steve