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: JakeStraw who wrote (4670)	10/30/2008 11:52:42 AM
From: Daniel Simon	Read Replies (1) of 4697

I know, I didn't mean who cares literally! I meant relative to the drop the stock has suffered year to date. There could always be another shoe to fall...cooked the books...embezzeled funds...tryst with a secretary...but honestly I can't imagine anything that would knock this down more than a few points from here. The company has missed earnings for several quarters and the company/CEO did not pull in estimates going forward (as recently as last week)...I'd guess the CEO and board have a difference of opinion about the continuing wisdom of this "aggressive guidance". Half the conference call questions were analysts trying to understand why guidance seemed so high--given current environment pulling numbers in would have been a safer course.

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