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

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To: Peter Dierks who wrote (4640)	9/13/2005 3:46:06 PM
From: Proud_Infidel	Read Replies (1) of 4697

MEMC shares up on forecast of higher prices Tuesday September 13, 3:05 pm ET MEMC Electronic Materials' shares continued rising Tuesday after an analyst report predicted higher prices of silicon wafers from a shortage of material. As of 2:21 p.m. EDT Tuesday, the company's shares were up 48 cents, or 2.49 percent, to $19.76 a share. Monday, shares closed at $19.26 a share, or up nearly 8 percent. Paul Leming, an analyst at Soleil Securities Group, said in a research note that the silicon wafer industry is facing the tightest pricing environment the industry has seen in 10 years, and he expects silicon wafer pricing to rise between 5 percent and 10 percent during 2006. St. Peters, Mo.-based MEMC Electronic Materials Inc. (NYSE: WFR - News) manufactures wafers for the semiconductor industry. Published September 13, 2005 by the St. Louis Business Journal

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