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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?
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To: Robert Mayo who wrote (627)8/15/1996 9:42:00 PM
From: Mephisto   of 4697
 
Hi Robert,

I just discovered that the messages that I wrote to other people were also lost! I hate re-writing messages. I imagine you also feel that way.

I realize MEMC is a conservative company. But as my broker pointed out, MEMC's stock is very cheap when you consider that their earnings were very good. I told him about the company's conservatism.

He says that the company should worry about the drop in share price. He told me that he owned shares in a company that had good earnings.And like, MEMC, the other company's share price dropped.

His company's spokesperson came out and said, "I do not understand why the share price has dropped." After that announcement, the stock's price went up.

In this market, company execuctives have to know how to handle the press.
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