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

To: Scotsman who wrote (3260)4/24/1998 11:13:00 AM
From: Charles Tutt  Respond to of 4697
 
I don't think that's correct, in that (I think, but perhaps someone who knows better can expand on this) reported shares can drop by other mechanisms, such as the retiring of convertible debt, the expiration of employee options, etc.

Of course, in this PARTICULAR case, you may be right (if none of those other activities occurred).

JMHO, and not investment or legal advice.



To: Scotsman who wrote (3260)4/24/1998 11:14:00 AM
From: All Mtn Ski  Read Replies (1) | Respond to of 4697
 
So there is still about 1.5 million shares left to be bought back. Good, hopefully that will help provide a floor for the stock.

Tom


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