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


To: rll who wrote (3583)12/5/1998 9:35:00 PM
From: manny t  Read Replies (1) | Respond to of 4074
 
This stock has just been too unlucky for me.Having gone through the

6 quarters of the previous management,I was not prepared to see the

falloff of this stock to 17 5/8 on thursday.Having called the Investor

Relations 3 times on Wednesday and getting no response,I tried again

on Thusday.Since I once again heard the answering macine, I decided to

dump the stock.I sold at prices ranging from 18 5/16 to 18 15/16.

When the stock recovered to 20+ after the Prudential upgrade,I called

Investor Relations department(answering machine once again) to let
them know that because there was nobody to talk to,I sold the stock

at a PANIC price.I futher stated that I will notify the office of Joel

Kocher(Chairman of MUEI) of my experience with Investor Relations.

Lo and behold on Friday I get a call from a higher up in the company,

asking me exactly what happened.I repeated what I wrote here,and asked

her "What kind of recorded message is it to repeat the times when
Investor relations is available,every time I called in the middle of
the work day.Also not to be able to speak to a HUMAN BEING,on a day

when the stock is tanking,is inexcusable.

I am now holding no stock in the company,only options.My dream of

recovering the money I lost on MUEI,is now fading.Those of you wanting

to invest in MUEI,are better off waiting for the earnings report.This
way you will know if the company has accomplished the intended
recovery,or once again disappointed.

I will no longer be posting any news items,or the earnings report when
it comes out.I still hope the company succeeds,but am sick and tired
of the roller coaster ride I have been on.

Sorry for the long windedness of these remarks.

Good luck to all,

Manny T.