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 (4244)	3/2/1999 5:39:00 PM
From: Link Lady	Read Replies (2) of 4697

What is your valued opinion regarding this news and the valuation. >>MEMC is distributing to each of its stockholders, other than members of its majority stockholder group, rights to purchase MEMC common stock. Each right entitles the holder to purchase one share of MEMC common stock, plus a portion of any shares remaining if not all of the rights are exercised. [We currently estimate that the subscription price will be between $7.00 and $8.00 per share. For purposes of this preliminary prospectus, we have assumed the subscription price and the number of shares offered.]<<

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