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

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To: Zeev Hed who wrote (2132)9/3/1997 1:50:00 PM
From: Jurgis Bekepuris   of 4697
 
Zeev,

The source of the info is Morgan Stanley, Dean
Witter analyst report dated July 25, 1997. Section INTEL UPDATE
reads:

"Intel disengaged from MEMC several years ago for
strategic reasons that no longer exist today. MEMC has been
working hard at Intel to become qualified as a 200mm wafer
supplier. Unfortunately, Intel has stopped qualifying any new
200mm suppliers and is only seeking 300mm suppliers at this
time. We believe that MEMC will continue to aggressively
pursue Intel for 300mm qualification."

Analyst Daniel T. Myers (415) 233-8784.

Good luck

Raimondas
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