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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?
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To: Carl R. who wrote (3617)7/11/1998 1:43:00 PM
From: Judy  Read Replies (2) of 4697
 
Carl and Zeev, to a large degree AMAT price action over the intermediate term may depend on the forward guidance that INTC gives next Tuesday. INTC has repeatedly guided the Street with lower earnings estimates during the past two quarters, and the impact finally caused AMAT to prewarn. If INTC gives further gloomy forecasts, there is a good chance that AMAT will easily drift to the low 20s ... the Street will not tolerate dead money for another six months.

Again, I am waiting with bated breath for Kurlack's showsmanship.
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