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Technology Stocks : Semi Equipment Analysis

SOXX 318.06

+1.4%

Jan 5 4:00 PM EST

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To: Donald Wennerstrom who wrote (40125)	9/11/2008 12:18:36 PM
From: The Ox	of 95675

Here's another reason for the selling in WFR: MEMC Provides Update on Hurricane IkeLast update: 9/11/2008 11:36:00 AMST. PETERS, Mo., Sept 11, 2008 /PRNewswire-FirstCall via COMTEX/ -- MEMC Electronic Materials, Inc. (WFR) today provided an update related to Hurricane Ike. The company reported that it has started taking safety precautions at its Pasadena, Texas facility in preparation for Hurricane Ike. As part of these precautions, the company has started shutting down operations in preparation for the heavy weather which is currently projected to impact the area. Operations are anticipated to resume early next week, potentially resulting in approximately a five day impact on polysilicon production at this facility. This degree of impact for unanticipated circumstances was contemplated in the range of financial targets provided in the mid-quarter update on September 2, 2008. Should circumstances change significantly, the company will issue another press release.

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