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


To: Willsgarden who wrote (2605)12/15/1997 2:32:00 PM
From: joshi  Read Replies (1) | Respond to of 4074
 
Bill, dont we al ready know that revenue increased about 30%? It was stated in the warning. I feel the problems with the market as a whole are affecting the stock. Should see a bounce tom assuming the conf call and numbers are not that bad. Good luck all. 1.5 house left till the announcement.



To: Willsgarden who wrote (2605)12/15/1997 3:27:00 PM
From: Sunny Jim  Read Replies (1) | Respond to of 4074
 
<News out on nevada contract reaffirms that muei will be a factor when technology stocks turn around>

I was quite puzzled by the caliber and timing of this announcement. It's one of those "so what" announcements that companies toss out when it's the best that they can come up with. A contract to one of the least populated states in the country is a real non-event, especially when it really just looks like an open PO (no specified dollar commitment). To release the news on the morning that they are going to announce earnings seems odd, unless earnings will be even more disappointing than this piddly contract, and they are hoping that this announcement might warm the market a little. I sure hope I am wrong, but my guess is that earnings are a real bomb.

Head for the shelter,