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

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To: Ian@SI who wrote (4483)8/14/1999 4:41:00 PM
From: Zeev Hed   of 4697
 
Ian, my error was as to earning per share if the wild ultra optimistic last scenario were ever going to come true, that figure is quarterly rather then yearly, thus if you believe in that wild scenario, yes, $25 and possibly more is feasible, but I just do not see them doubling sales and getting higher prices on top of that. So, discount that wild one, I would say the stock is still overpriced, but I have seen so many stock overpriced, that I would not be surprised with you $25/share coming through, not that I think it is worth that much.

Zeev
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