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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 (3434)	6/7/1998 2:02:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 4697

I think that WFR will survive. Their unit shipment are still growing. They are investing heavily for the future as well. They have cut down personnel just recently (and will cut more this quarter as well). Yet, I would rather wait and pay above $15 (used to be above $20, then $17 and still going down) before I commit since it might indeed be dead money for some time and it could go down another 30%. I think that a better buying opportunity might present itself later this year. There is a good chance this stock will be the subject of heavy "tax selling" early in December. Zeev