MEMC INT'L. (WFR -NYSE) The Sleeping Giant? Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TREND1 who wrote (740)	9/5/1996 9:48:00 AM
From: Robert Mayo	of 4697

Larry, a few thoughts: First, there's no disputing that the charts look awful for WFR. Given what we know about the September quarter (sequentially down from June, start up costs for the new Texas Fab, product transitions with customers, etc.) it would be more surprising if that were not true. Second, the decision I have to make is not whether to buy the stock right now, but whether to hold or sell it. I already own it. I rode it down to the high 20's in July and am prepared to ride out the current weakness. Would I put new money into it right now? No, I'd wait 'til after the next earnings release. But I still believe MEMC will do well in the future. Bob M.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next