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

To: Tiegang who wrote (2781)1/7/1998 12:00:00 PM
From: Larry Brew  Respond to of 4074
 
Tiegang, << MUEI @ 9 >>

ATML (flash memories), I believe, gave terrible earnings due to Asia
unable to pay their bills. This will fold over to all memory sectors,
and probably plays somewhat on MUEI. I think the primary reason for
MUEI's drop is still to many sell orders in the market. New money
isn't comming in. Jan. should have plenty of new 401k money, but I
can't figure where it's going. Brokerage firms must be holding, but
I don't know how long they can keep it up!
Larry


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