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

To: MONEYMAKER who wrote (3306)	5/11/1998 4:26:00 PM
From: Paul Viapiano	Read Replies (1) \| Respond to of 4074

Take a look...everything was down today....DELL, SUNW, etc.... Market looks shaky here.

To: MONEYMAKER who wrote (3306)	5/11/1998 7:09:00 PM
From: Gordon A. Langston	Read Replies (1) \| Respond to of 4074

Muei below its 50 day moving average which is converging with 200 day MA. Everything is flattening out so unless earnings surprise sideways movement is my guess. As someone else noted all boxmakers were down for the day except GTW, just not as much as MUEI.

To: MONEYMAKER who wrote (3306)	5/11/1998 8:02:00 PM
From: Timothy W Adams	Read Replies (1) \| Respond to of 4074

MUEI's third quarter ends later this month. They last announced earnings March 16, so I wouldn't look for them to announce the May period until about June 16. When a stock gets hit hard and suddenly like this, with no specific news, I sometimes buy a bit looking for a short term gain of 10% or so. I made about 15% in one day earlier this year on DIGI by playing this strategy (I also kicked myself for not buying more, but don't we all under those circumstances), and I'm seriously tempted here, although I doubt I'll be able to do better than about 8%. I've been bit a time or two, as well, and my short-term trade turned into a longer term investment! Just a thought, as I don't believe this company will take off right away, but I don't expect them to go out of business, either.