Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Brian Lempel who wrote (2769)	12/6/1997 11:30:00 PM
From: Zeev Hed	Respond to of 4697

Brian, welcome to the WFR thread. This year is bad for two main reasons, the first is due to pricing pressures, the dram maker ( abig chunk of the wafers users) have suffered price decline of more than 60% over the last 122 months and they pressured their suppliers to lower their costs as well. Due to the ample supply of wafers, pricing pressures have been in place. The second reason is that WFR has been bringing on line a number of facilities, eating the costs of start up but not having these facilities at full production yet. Better 1998, in my opinion (and much better 1999) will be due to soaking of excess capacity and bringing into full production a number of joint ventures as well as US and other expansions. None of the competitors are on US exchanges, as far as I know. Zeev