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Pastimes : Ask Mohan about the Market
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To: Cynic 2005 who wrote (13504)1/27/1998 3:07:00 PM
From: Chip Roos  Read Replies (1) of 18056
 
Hi Mohan:
I have a question about an old friend of our....MEMC (WFR). They just announced less than stellar earnings and the stock is trading at $14.50. If my memory serves me correctly, we bought this at 24 and sold 7 months later at 51 or 52.

Anyway, the word from St. Louis is that although it may drift a bit lower, this could be a great value play. Any feelings on it?

Hope all is well with you.

Chip
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