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

To: Zeev Hed who wrote (3332)	5/18/1998 11:52:00 PM
From: olduvai5	Read Replies (1) \| Respond to of 4697

To date there are no sunstantiated reports of MEMC striking a deal with INTC. There have been rumors. Right now, INTC gets a lot of wafers from SEH in OR to feed their OR fabs and Sumitomo in ABQ to feed that line. They also buy from Wacker. INTC is pretty close mouthed about their suppliers, but you can see the boxes going in the door. Getting INTC's business would go a long way towards absorbing the expansion costs MEMC is eating (choking on?) right now, but only insofar as domestic production is concerned. They spent a lot of money in Asia and it remains to be seen when that capacity can be fully absorbed. They won't start making that $2 /share until that happens! I put my shares in my Roth and forget about them for now. Things are starting to look over blown in the general market. I'm a little nervous about a general decline, but I don't think I'll lose very much on WFR. olduvai5 oldu

To: Zeev Hed who wrote (3332)	5/22/1998 9:56:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 4697

What do you make of this? Look at: tscn.com Today the volume picked up noticeably. There were 5 sizable blocks traded today. As I read the graph they were about 16k, 10k, 10k, 8k, and 5k. These account for about 49K of the 68k shares that were traded today. Interestingly, all 5 trades took place at the ask and account for 2/3 of the daily volume, yet the price fell. Are the specialists overloaded with shares and taking the opportunity to shed some? Are they just letting the stock fall with the market? Is someone starting to accumulate? Carl