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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549

                             ---------------------

                                   FORM 10-Q/A
                                 AMENDMENT NO. 1

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[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934

                   For the quarterly period ended June 1, 2000

                                       OR

[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

                         Commission File Number: 0-17932

                             ---------------------

                            MICRON ELECTRONICS, INC.
                            ------------------------
             (Exact name of registrant as specified in its charter)

     State or other jurisdiction of incorporation or organization: Minnesota

                             ---------------------

        Internal Revenue Service - Employer Identification No. 41-1404301

                             ---------------------

                     900 E. Karcher Road, Nampa, Idaho 83687
          (Address, including zip code of principal executive offices)

                                 (208) 898-3434
              (Registrant's telephone number, including area code)

                             ---------------------

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes [X]   No  [ ]


       The number of outstanding shares of the registrant's common stock as of
July 10, 2000 was 96,557,864.


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                           PART II. OTHER INFORMATION

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

     (a) The following are filed as a part of this report:

<TABLE>
<CAPTION>
Exhibit    Description
-------    ---------------------------------------------------------------------
<S>        <C>
10.68      Amended Non Qualified Stock Option Agreement, dated April 6, 2000

10.69      Amended Non Qualified Stock Option Agreement, dated April 6, 2000 (1)

27         Financial Data Schedule (1)
</TABLE>

(1) Previously filed on the Quarterly Report on Form 10-Q for the Quarterly
Period ended June 1, 2000

     (b) Reports on Form 8-K:

     The registrant did not file any reports on Form 8-K during the quarter
ended June 1, 2000.

SpecTek, HostPro and VelocityNet Direct are registered trademarks of the
Company. All other product names appearing herein are for identification
purposes only and may be trademarks of their respective companies.


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                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this amended report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                       MICRON ELECTRONICS, INC.
                                       -----------------------------------------
                                       (Registrant)


Dated: June 28, 2001
                                       /s/  DAVID A. BUCKEL
                                       -----------------------------------------
                                       David A. Buckel, Senior Vice President
                                       and Chief Financial Officer (Principal
                                       Financial and Accounting Officer)



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<TABLE>
<CAPTION>
Exhibit    Description
-------    ---------------------------------------------------------------------
<S>        <C>
10.68      Amended Non Qualified Stock Option Agreement, dated April 6, 2000

10.69      Amended Non Qualified Stock Option Agreement, dated April 6, 2000 (1)

27         Financial Data Schedule (1)
</TABLE>