MEMC INT'L. (WFR -NYSE) The Sleeping Giant? Message Board

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

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To: Lao T. Zhang who wrote (420)	6/27/1996 11:21:00 AM
From: Mark Oliver	of 4697

Looks like a white candle coming our way. I had a stop in at 41 and canceled it yesterday. I was thinking I was pretty dumb, but today I see it passing 42 again. Seems to be a ralley in select stocks. Hope we see a turn today. I canceled my stop because I saw again a warning from Atmel while rereading their annual report. They expected good earnings unless there is a wafer shortage. Again, with all the wafer shortage fears, we should see business stay at maximum. Has anyone questioned whether MEMC could have problems with supply? I always assume they will meet their own production numbers, but should something happen to their own supply, they might fall short on delivery. Anyway, everything was/is going down and it's only normal that MEMC would too. That will change again with the market. Is there much indication of other companies raising prices for wafer stock? Anyway, keep that white candle burning in the window so we can find our way home. Mark

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