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: Jim DuBois who wrote (3553)	6/17/1998 10:30:00 PM
From: Zeev Hed	Read Replies (2) of 4697

Jim, I think that in the next five trading days or so, VECO might still make it to the high teens, and even CYMI might drop. I do think however that these drops will be somewhat rapid and you'll need to be fast to exploit these. Of course, it is quite possible that the current bottom was set. I did say sometime up to next Wednesday as the beginning of this early summer rally. I am a little worried about triple witching this Friday, and am also wondering as to what Japan is really going to do. Intervention is always just a temporary band aid, and technically, the dollar was already over stretched. You can count on Rubin to know how to time interventions when he decides to get some going. Zeev Zeev

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