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: Carl R. who wrote (3845)	9/29/1998 5:01:00 PM
From: J L Segal	Read Replies (2) of 4697

Margin calls (for under $4) may have gone out after the close yesterday, but holders will have a couple of days to either sell the stock or come up with more cash. For this reason WFR could still go lower. Often short selling momentum players take advantage of these situations - making matters only worse. The opportunity to buy at this level is extremely tempting. I have one question though: Why aren't the insiders buying?? Does anyone know if WFR distributes stock options to their employees? If so & the exercise price is very low, this could be the reason. Otherwise, the lack of insider buying could be a warning. JL

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