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


To: StormRider who wrote (3771)3/2/1999 7:30:00 PM
From: kendall harmon  Respond to of 4074
 
MUEI things look very bleak indeed now. It is all very sad. This company simply cannot produce any consistent track record that people can put their trust in. What is going to occur now is that people who have tried and tried to hang in there are going to begin to give up.

Also, take a look at the chart:

quote.yahoo.com

The stock made a classic test of its 200 day line and failed. it is now trading well below its 200 day and 50 day lines, and is in a big overall downtrend.

Look for lower prices in the days ahead.