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: Scotsman who wrote (3397)	5/31/1998 10:15:00 PM
From: Zeev Hed	of 4697

Right now, I do not think AMAT is going to 11, if that is what you are asking, but 25 or thereabout, could be. In any event, I think that near term even 25 is too bearish. I think that the current tech decline is just about over, maybe another week, three at most before we set a bottom in the techs, IMHO. Once the actual results of the current quarter start coming in in late August early September is when we will probably see the beginning of a severe decline in the techs. Exact timing is tough because of the fluid situation in Asia. Zeev

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