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

To: StormRider who wrote (3341)	6/3/1998 1:31:00 PM
From: John Graybill	Respond to of 4074

>>I'm just upset that I missed out on a golden buying opportunity Perhaps the golden selling opportunity that jumped out of nowhere today will be some compensation. Let's take a look at the "reasons" MUEI is up today, as reported in the last few posts: - CEO yaks it up at Paine Webber tout-fest (any clue whatsoever as to what he said?) No stock manipulation goes on after those shows, nope! - takeover speculation by briefing.com -- remember last April and May when CPQ was gonna buy MUEI, about a week before option expiration each time? (What the hell does a merger of two telecom companies have to do with MUEI anyway!? But this is the best they can find!) Now let's consider other news: - DELL is up 2 today after announcing an inventory reduction plan from 8 days to 4 days. GTW is up as well. Whose news drove these three stocks, DELL's or MUEI's? - MUEI announced a big ad campaign on Monday. Remember what the stock did yesterday? nothing. What if computer demand stays low? DELL makes a little money by liquidating a little bit of inventory to get to that 4-day level, MUEI is presented with a bunch of bills from the newspaper and TV advertising departments.