Word: micronics
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...Micron Millenia Plus P200 Like Dell, Micron lets you select each component that goes into your computer. The $3,099 base price includes a 200-MHz Pentium chip, CD-ROM drive, sound card and three-year warranty...
DANIEL COATS (R., Ind.) Heavy on tech stocks including America Online and Micron Technologies...
...public's perception of problems at Fidelity, a $442 billion cash machine based in Boston, whose 238 mutual funds command a leading 13% share of the U.S. fund industry. Late last year Vinik drew the attention of the Securities and Exchange Commission for publicly touting computer maker Micron Technology while Magellan quietly unloaded its Micron shares. This year Fidelity shuffled no fewer than 26 fund managers in March to perk up the funds' performance...
...casino stocks in the late 1970s. Mutual-fund managers with big investments in technology insist the industry has grown so big and diverse that it's unlikely to go bust all at once. Such companies include those that offer services on the Internet (for example, America Online), semiconductors (Micron Technology), hardware (Motorola) and software (Microsoft...
Vinik, for his part, has trimmed his tech holdings to about 30%, according to Eric Kobren, the executive editor of Fidelity Insight. One major decision was to sell off shares in computer chipmaker Micron Technology, which tech experts believe was a prescient move. The semiconductor industry is building so many new plants that prices and profits are sure to go down. But at about the time Vinik was dumping Micron shares, he was publicly touting the stock. The Securities and Exchange Commission is looking into his activities to see whether Vinik's comments were an improper attempt to keep Micron...