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


To: mlc178 who wrote (4663)10/23/2008 1:12:49 PM
From: Daniel Simon  Read Replies (1) | Respond to of 4697
 
Clearly no one loves this stock anymore...but isnt ~$17/share rather a good price?

$6/sh in cash, means the trailing 12 month price/earnings ratio is about 4!

I know WFR has had difficulty with bringing on capacity and was offline for a couple weeks this quarter due to Ike...and modern finance is on the brink of collapse. But a P/E of 4? hello?