SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zeev Hed who wrote (686)8/27/1996 4:34:00 PM
From: ----------   of 4697
 
Play Poker? Nope, they are not going to play poker. MEMC is not
bluffing. They have multi-million dollar equipment orders on file
with FERO and other suppliers of plant & equipment.

Part is for the new Malaysian plant, some for continued expansion
here in St.Louis, (by my estimates they are 6 months into a 3 year
expansion project here), continued expansion in Korea through year end, Southwestern expansion...and let's not forget Taiwan is in the
EARLY stages of ramping up.

Any stock movement of suppliers is not directly related to any MEMC
order cancellations, as there haven't been any. You are seeing two
factors... 1) the short term market is a horrible barometer for almost
anything... there is some correlation between market volatility and
the sale of antacid tablets <g>. 2) The market always looks beyond
what is known.. thus a decline in new orders or simply rotation of
assets into a more favorable sector (consumer nondurables like Pepsi,
Coke, et al) are all logical reasons for weakness in tech stocks.

As I have stated here... and MEMC has repeatedly stated, they have
long term expansion projects under way in the areas I have mentioned.
Their customers have bucked up $55 millions to secure additional capacity above and beyond MEMC's expansion plans.

Silicon is as essential to our way of life as water. Just because I am
not thirsty right now doesn't mean I don't want water in the pipeline.

Regards,

Doug
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News