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

To: Carl R. who wrote (3446)	6/8/1998 12:10:00 AM
From: Scotsman	Read Replies (1) \| Respond to of 4697

Well, you can't fight the tape. I just accept that I am going to have to wait for a while to make money on the stock. And I look at it as a cheap way to accumulate a substantial position, at least for me. Not being a trader, I just buy undervalued stocks and wait them out. I don't mind waiting 4 or 5 years as long as I can triple my investment. I figure MEMC should be between 40 and 60 in a few years. Since so far my average investment cost is very low, it would be a nice gain. If it goes down, my average investment cost will drop as I buy more. What, me worry?