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: Scotsman who wrote (2860)	1/2/1998 10:47:00 PM
From: Zeev Hed	Read Replies (1) of 4697

Scotsman, not much to end, I was expecting a rally in WFR to 17 (could still occur until the top of this mini recovery, but I doubt it), and then the trek down to resume. Right now we are at the mercy of the Asian Market and Sunday night will be quite interesting. Korea and Japan have been closed for an "extended" period and everyone there had time to mull the potential impact of both the IMF rescue and BOJ 30 trillion yens band aid to Japan's financial institutions. Let see if confidence reappears. Personally, I think that within a month we will see 14,000 on the Nikkei succomb. Zeev

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