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


To: Maverick who wrote (3170)3/21/1998 11:12:00 AM
From: Bruce A. Thompson  Read Replies (1) | Respond to of 4697
 
Maverick,

I wasn't talking about the stock, I was alluding to your thought that 10 years is so far away as to make it a non issue. Warren Buffett says "If you are not willing to hold a stock for 10 years, don't buy it at all." :o)

Bruce



To: Maverick who wrote (3170)3/21/1998 4:15:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 4697
 
Maverick, the following article shows that you may not have to wait that long.

techweb.cmp.com

As I said, you have 33 months till the end of 2000, ample time for the stock to dip to 12 (if at all) and bounce back to the low 20' by the end of this year and then go onto the recommendation lists by the time it hit 25 or so next spring. If by then we are on another upcycle in the semi, there are few hurdles at the last high and then you might have another year (2000) for the crazies and momentum players to jump in. By the middle of 2000 I expect people to start and forecasting $4/share in 20001 and thus my target of $100/shares.

Zeev