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

To: fut_trade who wrote (3485)	6/12/1998 10:31:00 AM
From: fut_trade	Respond to of 4697

Well, we're almost in the 9s. One thing about Nasdaq -- on a warning those stocks get chopped right out of the gate. With NYSE, we're seeing slow erosion.

To: fut_trade who wrote (3485)	6/12/1998 10:33:00 AM
From: Scotsman	Respond to of 4697

Probably a good move. Its just got to be a steal at these prices as long as you are willing to hang on. There has always been a nightmare scenario plaguing me. MEMC is a sort of commodity vendor,although certainly not a commodity in the classic sense. Now, one of the things that has been driving this market and the economy is cheap commodity prices. What worries me is that sometime in the next 24months when MEMC starts to make some money (a foreign concept for now) that would indicate rising commodity prices. Interest rates start to climb, the market heads southl, and MEMC is once again trapped in a bear market. Down the tubes we go. Probably farfetched, but it does bother me that we may miss the bull and hit the bear.