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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 (3513)6/12/1998 9:28:00 PM
From: Timothy W Adams  Read Replies (1) | Respond to of 4697
 
It looks like the news is that this quarter's loss, to be reported about July 27, will be in excess of $0.72, due to larger than anticipated participation in the voluntary separation program. This appears to be a one-time charge and not something that will affect future profitability (except that they'll probably lose some good people). Any thoughts on the financial strength of the company to weather this? I see they have $0.41 per share in cash at last report, but don't have other financials handy.