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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?
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To: Carl R. who wrote (4076)11/26/1998 1:28:00 PM
From: Zeev Hed   of 4697
 
Carl, the question is if this can be sustained.
ICE estimates are not as rosy as the rest of the forecasters:

eet.com

and of importance to WFR is:

"Karls also noted that there is a reduced net amount of silicon in PCs, mostly as a result of chipmakers' efforts to consolidate functions onto a single chip. As the focus on “system-on-a-chip” continues, it will continue to exert downward pressure on chip prices."

Zeev
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