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

To: All Mtn Ski who wrote (3114)	3/9/1998 10:23:00 PM
From: Scotsman	Read Replies (1) \| Respond to of 4697

Well, yes it could, but I don't think it will. It will be interesting what numbers they report on April 23. Remember, in the last quarterly report they stated they had "lock in" some prices due to contractual obligations. I don't know how long those are for or for what price. My personal feeling is that if MEMC comes in on target, the stock will go up. There is so much negative sentiment built in that the relief of knowing vs. guessing will be a positive. On the other hand, if they report worse, it probably won't go down much if at all as only long term holders are currently in the stock with the exception of the shorts. Could we possibly see a short squeeze here? Would be a nice suprise. For holders of this stock, I recommend you read the poem "Terance,This Is Stupid Stuff." Sorry, the poets name eludes me.