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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant? -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (4483)	8/14/1999 4:41:00 PM
From: Zeev Hed	Respond to of 4697

Ian, my error was as to earning per share if the wild ultra optimistic last scenario were ever going to come true, that figure is quarterly rather then yearly, thus if you believe in that wild scenario, yes, $25 and possibly more is feasible, but I just do not see them doubling sales and getting higher prices on top of that. So, discount that wild one, I would say the stock is still overpriced, but I have seen so many stock overpriced, that I would not be surprised with you $25/share coming through, not that I think it is worth that much. Zeev

To: Ian@SI who wrote (4483)	8/22/1999 11:58:00 PM
From: SShuda	Read Replies (1) \| Respond to of 4697

I was watching the tape on Friday -- the price jumped around from 15 5/8 to 16 11/16 on fairly heavy volume of 225,000 shares. It seemed to me that as the stock fell, we saw the smaller orders go through--100 to 300 shares. Each time the price slid down to around 16, the larger blocks, 1000 to 6000 shares, came in and bid the price back up to around 16 1/2. Looks to me like institutional accumulation. Maybe the mutual funds are moving in, maybe its the arbs feeding on information that we are not privy to. Any thoughts?