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: Zeev Hed who wrote (3700)	8/17/1998 2:04:00 AM
From: Spekulatius	Read Replies (1) of 4697

MEMC survival A while ago you stated, that the cash influx from the depreciation of the fixed assets is sufficient to keep WFR alive during the current downturn. However,I see a rise in debt, operating losses of about 45Mill $ per quarter. It seems to me that with now recovery in sight, WFR has to do some refinancing (probably through offering shares to VEBA) to stay afloat. Any comments ?

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