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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Mike Farrar who wrote (5051)3/16/1998 2:40:00 PM
From: Kip518  Read Replies (1) | Respond to of 18691
 
MICRON ELECTRONICS ( MU ) MU earnings out after the bell. Stock up 1 3/8. Could be good short to get into for tomorrow.

Jeff, to avoid confusion, MU is Micron Technology & MUEI is Micron Electronics. Both are up today and both should be good shorts.

Kip



To: Mike Farrar who wrote (5051)3/16/1998 2:41:00 PM
From: sam  Respond to of 18691
 
That's Micron Technology (MU), not Micron Electronics (MUEI)



To: Mike Farrar who wrote (5051)3/17/1998 8:54:00 AM
From: Eric Klein  Read Replies (1) | Respond to of 18691
 
MU - Thanks for the heads up on their earnings. Since they missed by 6 cents, losing $.23 rather than the estimates of a $.17 loss, they should decline.

Other factors that could hurt them:
1. They are moving slow in moving to the next higher density DRAM.
2. All box makers will have problems with the price cuts announced by CPQ.


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