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


To: Amots who wrote (3455)6/11/1998 4:35:00 PM
From: Scotsman  Read Replies (1) | Respond to of 4697
 
Downward and downward we go. I just can't wait to jump in some more.



To: Amots who wrote (3455)6/11/1998 4:37:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 4697
 
Amots, it seems even worse than I thought, the write offs for downsizing will be twice as big as I anticipated. I also thought that their sales level will level off at $235 MM before turning back up. I do not know if it is trading after hours, but tomorrow might be quite ugly. It already made a new low today, maybe tomorrow it will be under 11. These bananas are starting to look appetizing, but I am waiting to jump in a little longer.

Zeev

PS, Scotsman, just be patient, you might still be able to buy these at or under 10. I wish I knew where exactly myself.