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

To: Lee Martin who wrote (2565)	12/11/1997 2:20:00 PM
From: jcashin	Read Replies (2) \| Respond to of 4074

I couldn't resist, just bought in at 10 1/16. John

To: Lee Martin who wrote (2565)	12/11/1997 2:25:00 PM
From: MONEYMAKER	Read Replies (1) \| Respond to of 4074

As I have continually stated, Management is to blame for the lack of respect for this company. They are continually one step behind everyone else. They are now planning on entering the low cost under $1000 box market, 6-12 months after everyone else. They are #9 in pc sales, which I feel is horrible considering the quality of their products. I have owned this stock for 2 years off and on and have seen it go nowhere, no dividends, no stock splits and the price now is lower than at any other time I can remember. A commentator on CNBC recently said this stock was "junk" and I'm starting to think he may be right. But foolish as I am, I keep buying as the price drops in hopes it may go up some day. It only needs to hit 13 now for me to be even and bail out for good. Lastly, I cannot understand how MU, which ownes 66% of MUEI, can just sit back and do nothing while this company continues to flounder and their value in the company is cut in half. Good investing to all. MM

To: Lee Martin who wrote (2565)	12/12/1997 1:07:00 PM
From: Steve Rolfe	Respond to of 4074

Lee, MUEI preannounced earnings in November as minimal. This would indicate that they would at least be profitable this qtr. This should be accounted for in the current price. Analyst's estimates are $.13 for next qtr. Do you think the price is dropping in anticipation of a loss this qtr? Do you think if they at least break even and address all of the analysts concerns that the price should head back up? Just wondering what you were thinking... What does everyone else think? Steve