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

To: Maher Sid-Ahmed who wrote (3361)	6/8/1998 12:52:00 PM
From: marie fouchia	Read Replies (1) \| Respond to of 4074

All I am saying is that this stock has faithfully traded in a range between 8 and 20-something (or at least the high teens) at least 3 times in the last 3 years--maybe more. So 12.5 seems like a pretty safe buy price. Within that range, there have been all the bad and good speculations, rumors, fears, whatever one can imagine--and I see nothing new EXCEPT a new, very promising CEO, a new tighter business model, cut down of operating expenses, and yes, slashing of prices which is bad for ALL the PC margins--but is ultimately gonna put MUEI where they need to be ---adequately competitive! I see 16 - 24 price easily before the end of the year, unless there qtr is crappy. Then I see a re-test of recent lows (9 - 10) before a new beginning of the "cycle" again. On the other hand--if they meet/beat expectations, we are on our way, and may never see these levels again (finally!!) GOOD LUCK!!