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


To: D GALL who wrote (3489)6/12/1998 10:50:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 4697
 
I do not know how low WFR can go, I stepped in front of this freight train at 10.25 and it went through me like through butter. I have only delayed quotes, so I have no idea where it is right now. I surely do not know how far it will go, and I have left some powder dry for even lower prices. It is more likely that this will be deployed on the way up. I do not see a major move until later this year, however, but a run to 12.5 could be in the cards in the "coming" summer rally. This is my opinion, but I have been wrong before.

Zeev



To: D GALL who wrote (3489)6/12/1998 10:51:00 AM
From: Scotsman  Respond to of 4697
 
Zeev, this looks like capitulation to me.