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

To: bundashus who wrote (3327)	5/23/1998 1:23:00 AM
From: Michael Burry	Respond to of 4074

Screaming buy would be 8 1/2 again. When it hits the level it was before the new management announcement, I'll stop resisting the urge to buy in. The urge is very strong though. I know this is a great price, but I'm hoping for cheaper, as it seems I am with many stocks right now. Good Investing, Mike

To: bundashus who wrote (3327)	5/23/1998 1:52:00 AM
From: James Berg	Read Replies (1) \| Respond to of 4074

<After today, Muei has got to be a screaming buy now!!!!!> What's holding MUEI down is the fact that their parent company, Micron Technology (MU) is going to be experiencing financial problems if dram continues its decline. MU will need to sell more of their assets, and MUEI is a large part of their portfolio as MU owns about 64% of MUEI. If (more likely when) MU realizes there's no other way to raise the operating capital they need, they will likely sell a bunch of MUEI. Who would want to buy MUEI now, knowing this? --James