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: All Mtn Ski who wrote (3192)	3/26/1998 2:56:00 PM
From: olduvai5	Read Replies (3) of 4697

Hi all, been too long since I contributed. Things are not going well for WFR right now. It seems likely that 200mm wafer price has fallen to around 10% below cost and they're really being gored. They will shut down production for a couple of weeks (previously reported)at most facilities and have cancelled or pushed out all cap equipment purchases until 99. 300mm project has what it needs for the time being, but nobody expects the bottom line to improve before 99 at the earliest. Focus is now on cost cutting, some on the labor side but mostly through yield improvement. olduvai5

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