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: Zeev Hed who wrote (2878)	1/4/1998 6:35:00 PM
From: Scotsman	Read Replies (1) of 4697

There was some discussion about WFR getting a bounce to 17 short term. Not being technically astute, if it breaks through 17, what would be the next resistance level? On another issue, I have been eyeing the reduction in Asia of fabs. Massive cutbacks in planned expansion. I think that this will indeed help stabalize chip prices, and hence wafer prices. When this happens, MEMC's market gains will potentially start to kick in and we could see a nice gain in earnings fairly quickly. I think the target of June being the turnaround point is indeed likely, and possibly before than. Comments welcome of course.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next