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: wm sharp who wrote (2011)	8/8/1997 11:04:00 PM
From: Joe Dancy	of 4697

Hey Bill, I need your help here. Was looking at the LEAPS today. Stock closed at around $27 1/2 as I recall. Would like to get the Jan 00 LEAPS - want to have plenty of time for industry and company to recover in the upcoming upturn. Unless I'm reading the chart wrong, calls with a strike price of $20 are $12 5/8, strike of $25 are $10, and strike of $30 are $8. Which LEAPs are the best value? I had my account set up so I could buy them several months ago, and Andrew Vance's comments on the UTEK thread rekindled my interest. I've done enough research to know that WFR would be a company I'd feel very confortable owning an interest in for a period of several years, and I think it will do well. Obviously I'm green at using LEAPs - usually buy warrants if they are available or just use margin to leverage. Thanks for any ideas or insight you or anyone else has on this. Best - Joe

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