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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?
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To: Zeev Hed who wrote (3723)8/31/1998 12:34:00 AM
From: Paul Winston   of 4697
 
How strong is MEMC financially? I've been watching them for over a year without taking a position. Every time I look at them it seems that I will have several months before I need to make a decision on whether or not to purchase. 2 months from now will I take another look and decide that I still have another quarter to go before there is any hope of a turnaround for this company?

I begin to wonder how long this company can hold out. I don't think wafer manufacturers will really recover revenue and profitability before mid-1999 (although the stock may go up earlier in anticipation ;). If they are hurting financially, I think could easily drop another couple of bucks in a tough bear market.

Thanks,

Paul.
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