MEMC INT'L. (WFR -NYSE) The Sleeping Giant? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TREND1 who wrote (3517)	6/13/1998 8:16:00 AM
From: Zeev Hed	Read Replies (1) of 4697

Analysts are now forecasting losses "forever". I think this is an overdone situation, but frankly while the current price is ridiculously low, it was not unforeseen. I have consistently maintained that WFR could go to 13 and "spike to $10". The question is whether this is the low. Well the price is ridiculously low, but not yet ludicrously low. I would say that half book value for this company would be in the latter category, and frankly, we are not too far. I also have a scenario showing a temporary bottom in the high tech before June 24 or so, thus buying on more weakness later next week is my plan (I already bought some and it is under water by a little). Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next