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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 (3484)6/12/1998 10:15:00 AM
From: fut_trade  Read Replies (2) | Respond to of 4697
 
>Could we see 8?

If you are patient. I will wait till next year to buy WFR.



To: Scotsman who wrote (3484)6/12/1998 10:29:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 4697
 
Scotsman, the volume does not correspond to "capitulation", a very strange price action down 2 on 50,000 shares. I think you just lower your Buy stop here from 14 to 13 and still wait. If you are really a risk taker you plunge in for a 20% DCB. I have done just that.
I must admit that this certainly look like the spike down to 10 I have been talking about for months, but the lack of volume is worrysome.

Zeev