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: Zeev Hed who wrote (3322)	5/17/1998 7:04:00 PM
From: Carl R.	Read Replies (1) of 4697

Current forecasts are for a loss of $.64 this quarter (better than last quarters $.72), improving to $.33 in Q3 and then to a loss of a quarter for Q498. The three first call estimates for the full year 1999 call for a profit of $.18, a profit of a dime, and a loss of $.44, so there is still doubt about their ability to earn a profit in 1999. Thus if they are back in the black by the end of 1998 they will be well ahead of analyst expectations. I note also that there are no insider transactions since May 1997, and that there were more insider purchases than sales in 1997. I will try to watch here for insider purchases as there should be some if the picture is starting to look less bleak. Carl

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