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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 (3459)6/11/1998 5:31:00 PM
From: Scotsman  Read Replies (1) | Respond to of 4697
 
Boy, 8 would be a dream.
But does MEMC have the staying power. They can't keep losing money at this rate. Sooner or later they are going to have to start to shut down plants or something if this keeps up.



To: Zeev Hed who wrote (3459)6/11/1998 8:09:00 PM
From: Bruce A. Thompson  Read Replies (1) | Respond to of 4697
 
Zeev,

I was watching CNBC during dinner and WFR was mentioned as "warning" on earnings. They also showed the chart for the last 12 months. Looks bad. Guns are in the holster. Powder is dry. Catcher's mit is on the shelf. Even thinking of buying some $12.5 puts.

Bruce