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: Scotsman who wrote (2186)	9/7/1997 1:04:00 PM
From: Peter Dierks	of 4697

Retracement? I have 60% of my wife's IRA in this stock. I see a move likely move to at least 70 rather than retracement. Every time AMD or Intel build a chip you need 6 wafers. People, and mostly businesses keep buying new computers, and thus new chips. The one thisng that concerns me is that the PC market seems to resemble the mainframe market of the 70's. We all know how rich we would be if we had invested in say Univac. Something else is going to come along and displace current style PCs. Will it be portables? Will it involve entirely new technologies? Happily invested in WFR. Peter

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