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: Scott D. who wrote (2099)	8/25/1997 9:47:00 PM
From: Carl R.	of 4697

Massive shift in money allocation today. NFT is falling, while RUT and SOX are rising. Money is moving in a big way from big caps to small caps. In the semi-equipment group companies like VECO and BRKS were up big, and even TRKN moved, while AMAT, LRCX, and KLAC were down. WFR got caught in the middle. It's too big to be a small cap, but not overvalued enough to move away from, so it moved up even with the SOX. I am tracking WFR/SOX and WFR/AMAT. The former finished flat after being up most of the day, while the second was up. Both have been rising since WFR took a look at the top of the gap. Carl

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