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: Steve Smith who wrote (3352)	5/23/1998 9:53:00 AM
From: Zeev Hed	Read Replies (2) of 4697

Steve, WFR is "supported by its book value right now, but if it breaks 14, I think it could easily drop rapidly another 10% to 20%. I do not think it will stay there long, but you never know. If such a drop is on low volume and the DBC is less than a buck or two, it could stay dead money for some time. Right now, WFR does not look good short term. Long term, I am still quite bullish. Zeev

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