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: Zeev Hed who wrote (3322)	5/17/1998 4:34:00 PM
From: Scotsman	Respond to of 4697

I am one of those long term investors. I am not a good timer, most of my stock picks take on average a year to start to make a profit. But I don't mind. I look at this as a way to buy a lot of stock cheap. If I have to wait 2 or 3 years, than so be it. If I can accumulate a base of a bunch of shares by than, it will be worth it. It should have a multi year run. I like buying these beat down stocks. They usually have limited downside and lots of upside when the problems work themselves out. It just takes patience.

To: Zeev Hed who wrote (3322)	5/17/1998 7:04:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 4697

Current forecasts are for a loss of $.64 this quarter (better than last quarters $.72), improving to $.33 in Q3 and then to a loss of a quarter for Q498. The three first call estimates for the full year 1999 call for a profit of $.18, a profit of a dime, and a loss of $.44, so there is still doubt about their ability to earn a profit in 1999. Thus if they are back in the black by the end of 1998 they will be well ahead of analyst expectations. I note also that there are no insider transactions since May 1997, and that there were more insider purchases than sales in 1997. I will try to watch here for insider purchases as there should be some if the picture is starting to look less bleak. Carl