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

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To: Zeev Hed who wrote (4018)10/27/1998 8:50:00 PM
From: DAN KACKLEY  Read Replies (1) of 4697
 
Zeev Thanks for the info!

Yea I wasn't real sure about the book value, in fact I tried to get it from my broker and he couldn't find it! The only data I found was the price to book which was reported as .3 at a stock price of $5.

My major analysis right now is Veba is buying, the price is ridiculsly low, cost cutting measures should start showing a positive effect, and current share holders will be able to get more at about $5 average price.

Close the deal, raise the price, buy more at a low price, Veba could own now as much as 60% ??, semiconductors recover, raise the price, make a lot of money!!!

Ahh what a lovely picture!

It is all a big game, watch the eb and flow of money!

Good luck

Dan
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