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

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To: Zeev Hed who wrote (3150)3/19/1998 9:09:00 PM
From: Debt Free  Read Replies (1) of 4697
 
Zeev,

1) The price action has obviously been terrible lately.
2) We are close to breaking into alltime lows.
3) Volume has been anemic, nobody buying, nobody selling.

Unless the need for wafers goes away, this seems like a great time to start to accumulate this stock. You have said before that you would rather miss a few points upward than to get in to early. Is this still true or is there a price level where you will be buying before the price starts getting stronger?

Also, if you would, what is your current timeframe start to see some improvements in supply & demand equation.

TIA
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