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: Raymond Slater Watkins who wrote (767)	9/10/1996 1:39:00 PM
From: Cynic 2005	of 4697

Ray, if you must know about inst holdings, try this: stocksmart.com You can find the institutional interest on every stock. But, you should keep in mind it is out-dated and of no use to anybody, IMHO. When I started buying MEMC more than a year ago there is very little institutional interest in this one. Only in Feb/March time it picked up. In May the stock peaked. And, I think that peak will not be touched any time in the next 6-9 months. Hopefully things will change after that. But for the next 6 months the downside risk is too much. I see the stock hitting low 20's sooner than later. You, as an investor or trader, should keep in mind that MEMC is just one of the 10,000 and odd stocks available on all the exchanges. Having said that, it is your money and it is your wish. What ever you do, good luck! >>Mohan

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