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: Ian@SI who wrote (4387)	6/10/1999 11:34:00 AM
From: Zeev Hed	of 4697

Ian, I think you are right, but my problem is that to build a 12" facility (right now WFR has only a "pilot plant, as far as I know) will require, well according to Rose associates, $500 to $600 MM, which WFR is not generating from either profits or depreciation. May be VEBA will come to the rescue again. Of course, I am not sure how much credence to put in Rose's numbers since they quoted some $200 MM for a 100,000 wafer/month fab at 8"). Zeev

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