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

To: olduvai5 who wrote (2910)	1/14/1998 7:13:00 PM
From: John Cuthbertson	Read Replies (1) \| Respond to of 4697

<Back on topic> Re: Today's action was encouraging. It appears the market has already factored the coming poor earnings report and is focussed a little farther down the road. I still think we'll break the recent low before we break above 20. Hi Olduvai5, Thanks for your reporting. WFR is now more than 20% above the 15 level that it had settled to, and I am beginning to fear I may have missed the chance to buy at that level. If you think the market has already discounted a poor earnings announcement, what is it that you anticipate will drive it back down to new lows? ==John