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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?
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To: Scotsman who wrote (3722)8/26/1998 5:18:00 PM
From: Zeev Hed  Read Replies (2) of 4697
 
Scotsman, I still think that one should step aside from this segment (the whole semi) until late October. I thought it would reach 10 when it was in the 30', but 6.75, even surprises me. The fact that many stock surprises me in their excessive weakness (one other, a nice little company I follow, IELSF, I did not think will go under 2.5, but it broke the buck in the last few weeks), indicates to me that we are in the midst of a bear market. At the bottom of such bad bears, one can get some real bargains. Of course, you must have some dry ammo to exploit these.

Zeev
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