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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?

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To: Holger Wolf who wrote (799)9/11/1996 9:43:00 PM
From: DAN KACKLEY   of 4697
 
BUY! BUY! BUY! SALES DROP TYPICAL IS END OF YEAR INVENTORY ADJUSTMENT?

YES WFR'S SALES ARE DOWN BUT AT THE END OF THE YEAR SUPPLIERS RETURN
UNUSED INVENTORYS AND GENERALLY CUT BACK ESPECIALLY IN THIS BAD
ENVIROMENT

ALSO I SUSPECT SALES CUT BACKS ARE ON SMALLER DIAMETERS WHERE THERE
VERY LITTLE IF ANY PROFIT!

RUMOR HAS IT THAT 200MM IS STILL RUNNING FULL OUT AND
MOST OF THE PROFITS COME OUT OF 200MM AND EPI

TO ME THIS LOOKS LIKE A HUGE SHAKE OUT SO THE BIG BOY'S CAN BUY!!!

STRANGE THE STOCK WENT FROM 29 TO 21.5 ON APROX 250,000 SHARES
THEN TRADED 3,000,000 BETWEEN 21.5 AND 20.25

BUY! BUY! BUY! I HAVE HEARD 3-5 YEAR TARGET PRICE OF $100/ SHARE
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