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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?

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To: TKB who wrote (3855)9/30/1998 6:42:00 PM
From: Charles Tutt  Read Replies (1) of 4697
 
FWIW, I'm back in for 1,000 shares. At $3, they cost me about what 100 shares cost me in my previous foray with this stock; put another way, they cost me much less than I lost on the 1,000 +/- shares I played with last time (which I bought for 30K +/- and sold for 25K +/-). Now I'll just wait for the endgame -- the stock can't lose 10% a day for too long and stay listed. Nor can the company lose $4/year for very long and stay in business. So they'll probably either fix things, get bought, or go under. I admit a favorable outcome is a longshot, but so be it.

JMHO, of course, and not any kind of advice.
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