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Technology Stocks : FSII - The Worst is Over?
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To: Donald Wennerstrom who wrote (1882)4/12/1998 2:27:00 PM
From: Joe Dancy  Read Replies (2) of 2754
 
Thanks Don. A while back on another board members were discussing how cheap (undervalued) MEMC was - and how you can play that stock with LEAPS to maximize/leverage your gains (or losses). Losses should be limited due to the valuation which appears rock bottom.

I looked at it real close and held off - and MEMC has not gone anywhere in the meantime - but the company produces something like 25 or 33% of the worlds silicon, maybe an even higher percentage - and the demand is not going backward. Anyone here got an opinion on that strategy for that company?

Thanks again for your efforts.

Joe
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