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: Zeev Hed who wrote (4112)	1/4/1999 8:30:00 PM
From: Carl R.	Read Replies (1) of 4697

If they price it too high no one will exercise, and the Germans will be stuck buying the stock at a high price. Actually, I am surprised they didn't price it much lower to begin with, in the $4-5 range, assuring that all rights would be exercised. To me, the fact that they chose a higher exercise price indicates that they wouldn't mind buying some additional shares. Carl

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