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: Scotsman who wrote (3701)	8/13/1998 5:50:00 PM
From: All Mtn Ski	Read Replies (1) of 4697

Breaking News: Well, not really..... MEMC Electronic Materials Inc. <WFR.N> said Thursday it named Helmut Mamsch as chairman of the board, replacing Erhard who is leaving to become chairman of German firm Management of Stinnes AG. MEMC, which says it is the second largest maker of silicon wafers in the world, is 53 percent owned by German industrial concern VEBA AG <VEBG.F> through VEBA's privately held U.S. subsidiary Huls Corp. Mamsch has been a member of MEMC's board since March 1998. Previously to that, Mamsch was a member of the management board at VEBA AG, and he recently assumed responsibility for VEBA's corporate strategy and development. "As we have indicated in the past, VEBA AG remains committed to MEMC and will continue to support the company in the future," Ludger Viefhues, MEMC's chief executive officer said in a statement. MEMC said Meyer-Galow will remain a member of the board.

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