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

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To: Scotsman who wrote (3677)8/4/1998 6:21:00 PM
From: All Mtn Ski   of 4697
 
I have to say, I think there is a chance it could rise if the market tanks. As money flows out of the market it will look for places to go. One of the first screens the institutions will run is for companies that are trading below book value. With WFR well under book, money could flow into this stock and it could rise a few bucks. Just a theory of mine. It still won't start to really roll until the business improves. Keeping my fingers crossed....

Tom
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