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

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To: Mephisto who wrote (760)9/7/1996 5:15:00 PM
From: Robert Mayo   of 4697
 
Mephisto,

You're probably right about the impact of a poor showing by the semiconductor stocks on MEMC, short term anyway. I also agree that after we work through the current quarter, things should improve.

Sam Duggan's phone number is 314-279-5920.

That private stock swap of 330,000 shares that occured a few days ago, well below the market, seemed to touch off a wave of selling in WFR. Looks like we'll be "consolidating at a lower level" for a while.

Bob M.
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