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: John Cuthbertson who wrote (4553)	12/15/1999 3:51:00 PM
From: All Mtn Ski	Read Replies (1) of 4697

The company is poorly run, badly managed and once again the idiot parent company, VEBA, is holding back the stock price because the have announced that they would like to divest WFR. That announcement put a ceiling on stock, who the hell would buy this company for a premium? Nobody, if VEBA hadn't opened its mouth, the stock would trade on the recovery in the Semi markets. Now it is just a dog waiting to be bought, at a much lower price than the market would value it, based on the Semi recovery. I have learned my lesson, the Germans are horrible captialists, and I will never again touch a German owned company. I can only be glad that I dumped most of my stock at $20. But obviously not enough. That Bank America analyst must be feeling pretty good about his last upgrade. I have a feeling we are heading back to book value. Tom

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