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: Judy who wrote (3616)	7/10/1998 7:28:00 PM
From: Carl R.	Read Replies (2) of 4697

Strange that they are at 27. Actually when VECO prewarned I reduced revenue estimates for them by 2% for the rest of the year, and with this AMAT pre-warn I actually raised my estimates slightly as I had them at $850m this quarter, and they will apparently do slightly better than that. I find it hard to believe that this wasn't priced in already. Thus, just like VECO which tanked 1 1/2 points at the open and recovered in minutes to finish up for the day, I suspect that come Monday AMAT will fall but recover fairly quickly. Even KLAC recovered in two trading days and their pre-warn was lower than I expected. I don't think it will be any big deal when all is said and done. Carl

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