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

To: MONEYMAKER who wrote (3351)	6/4/1998 8:14:00 AM
From: Brezlin	Read Replies (1) \| Respond to of 4074

$Maker, off topic, just curious as to your recommendation ? thanks in advance...B

To: MONEYMAKER who wrote (3351)	6/4/1998 10:44:00 AM
From: marie fouchia	Read Replies (1) \| Respond to of 4074

Moneymaker--I, too, have followed this stock for several years, and have traded it. perhaps you are correct about what will happen near term, perhaps not. I think that since it didn't go any lower than 9 3/4 in the midst of very poor market sentiment is a very positive sign. I also gleaned from the large blocks traded yesterday that possibly some instituional buying has begun to occur. Of course I am guessing as well. I personally like to trade stocks with high volatility, though you are right--its not for the faint of heart. I just think that any longs in at a higher price than current should hang in there because if you sell at a loss, sure enough you'll miss a chance to make some money here. Even in its worst case scenario, this stock has been in a "rolling" mode the last 3 years between 8 (at the very lowest) to the 20's. I think its due for an upward trend. As long as we make money, who cares if it ends up "dissappointing in the end" Not everyone can catch it at the very lowest. Certainly MUEI will see the mid teens again, and possibly the 20's if they get their "sh__t" together. If its all "bull", then it will go back down. No, its never wise to jump in on a stock that's spiking--but no one knows when a stock will begin to move up never again to return to former lows. GOOD LUCK!