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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?
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To: Donald B. Fuller who wrote (610)8/9/1996 11:41:00 AM
From: edward miller   of 4697
 
No argument as to end result - but when!! Having worked in
electronics for many years and knowing at least a little
about the impact of what you project I still must point out
that these are still the future of electronics.

The future does not help this year's bottom line (or next year).
These ideas sound great, but there are many obstacles. Most
of the big obstacles are people issues, not technical issues.

Developing agreements between competing industries and gaining
acceptance from the average consumer are problems that will take
years. I know, negotiations between the movie industry and the
electronics industry have been going on for years - and it will
still take years to (hopefully) get some agreement.

Pardon the spin on an old cliche, but you are counting eggs as
if they were grown chickens (and many eggs don't even hatch).

What you just don't get are the time factors.

Ed
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