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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?

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To: Carl R. who wrote (3508)6/12/1998 8:28:00 PM
From: Zeev Hed  Read Replies (1) of 4697
 
Carl, that is why at 13 I already thought this one to be a "value" play. Frankly, I thought that a spike to 10 could be possible, but right now (at least from the way it failed to participate in the market rebound), I think it will not be a spike, but more a lingering down, and possibly further deterioration. I am in with a little toe wetting position at 10.25, but think this part might still be dead money for another six months. If the summer rally is good, I might bail out for reentry later this year.

Zeev

PS, I trust everything is fine with your son. Give him my best wishes.
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