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

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To: Cardin Drake who wrote (594)8/8/1996 5:19:00 PM
From: ----------   of 4697
 
Hi Cardin:

The only thing I know is what is already public.....wafer prices
will remain firm through the end of the year. That is because UNLIKE
DRAM prices, there is not really a Wafer spot market. They are delivered on a contracted basis, for at least one year at a time.

Most of MEMC's contracts are renewed in January, so pricing won't change until then.

Doug
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