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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (23827)	8/13/2001 2:54:10 PM
From: JohnD	Respond to of 30051

Zeev, For "casual observers"such as myself, that news is just now showing up on a few other threads. HTH, JohnD

To: Zeev Hed who wrote (23827)	8/13/2001 2:55:21 PM
From: Bruce A. Thompson	Read Replies (1) \| Respond to of 30051

Hi Zeev, Any Idea what's going on with WFR??? siliconinvestor.com BT EDIT: MEMC Electronic Materials (WFR: news, chart, profile) plummeted more than 53 percent to $1.80 following the company's second-quarter report, which showed a much wider loss than Wall Street expected due to lower product volumes, weak pricing, and the discontinuation of income tax benefits. MEMC posted a loss before items of $65.8 million, or 95 cents a share, wider than a year-ago loss of $15.5 million, or 22 cents a share. Analysts surveyed by Thomson Financial/First Call were looking for a loss of 50 cents a share in the latest quarter. Sales dropped 22 percent in the latest three months to $157 million from $201 million a year earlier.