MEMC INT'L. (WFR -NYSE) The Sleeping Giant? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Scotsman who wrote (2111)	8/26/1997 11:41:00 PM
From: Carl R.	of 4697

But I think that the institutions have those things (future earnings, long term market growth, etc) in the back of their mind, and they all know what happened when AMAT, et al took off a year ago. Look back a month at the quick move from 27 to 38. It didn't take long once it got going. The move this time could be even quicker, once it gets started, especially since everyone knows it went to 38 the last time people thought earnings were recovering. The only question is what will be the trigger that starts it moving, and when. My opinion is that there are alot of traders out there trying to use money elsewhere, but keeping an eye on this stock so that they can catch it when it starts to move. But, as to when, I have no clue. But WFR is showing some muscle since it hit 25 5/8, and this market is kind of crazy, so who knows, it may come sooner than most expect. Carl

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next