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 (4293)	3/22/1999 10:25:00 PM
From: SE	Read Replies (1) of 4697

Seems to me the company will get its $200 MM. $106 from the private placement and $94 from the rights offering. I suspect that VEBA will get the other shares, or at least most of the other shares through the rights offering. Yes, the shares will be increased, but as long as VEBA considers this a long term investment it should not increase the float. And as a side benefit the loss per share will be lessened! :) How's that for optimism! -Scott

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