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


To: Yakov Lurye who wrote (2689)12/18/1997 7:58:00 AM
From: Harold S.  Read Replies (2) | Respond to of 4074
 
Everyone want a laugh...check this post out from the MU thread this morning!!!

To: Skeeter Bug (25713 )
From: Earlie Thursday, Dec 18 1997 7:33AM EST
Reply # of 25721

SB:
As noted earlier, a concern for an expected "fiddling" of the numbers caused me to refrain from messing with the stock on an earnings release basis. This stock is in a major downtrend in any event, so a few bumps along the road are not of concern. On a going forward basis, interest costs, a lack of cash to maintain leading edge production capability, strains from MUEI's last gasps, Asian currency advantages, few assets left that are saleable, Asian export urgency, lack of R and D expenditure, and plain old crummy results guarantee a "lost at sea with all hands missing" scenario. They just don't provide better shorting opportunuities than this. Rejoice as you add to your positions.
Best, Earlie