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


To: StormRider who wrote (3315)5/14/1998 12:12:00 AM
From: StormRider  Read Replies (1) | Respond to of 4074
 
"Insider Watch -- Buying: Micron Electronics - [MUEI] Technology. This stock is trading off its $25 highs, and one insider is purchasing shares. On March 19, VP Steven Laney bought 27,000 shares at the $12 level. Mr. Laney last bought shares at $18 in September '97."

The above info may be old news to some of you, but I just noticed that it was posted today at the following site:

cda.com

:-))



To: StormRider who wrote (3315)5/14/1998 7:18:00 PM
From: Alfredo Nova  Read Replies (1) | Respond to of 4074
 
Ahmed and all:
I cannot believe that a major PC maker and with a brand new and very capable management is going for 0.6x sales.
So I went along with the Vice president and bought plenty, although not quite as many shares.
I own 2 Power Computing Macintosh clones, made by Joel Kocher and his bunch. Admitted that it was easier to compete with Apple than with Dell and Gateway, still Power Computing machines are absolutely fantastic. I would have paid twice a similar Apple Mac.
Power computing was growing very well quarter after quarter until Apple pulled the plug on all clones.
I believe this stock has a great potential from here, but may go a bit lower in the meantime for various reasons (HWP, Indonesia etc)
good luck,
Alfredo