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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 (3558)6/18/1998 8:41:00 PM
From: Scotsman  Read Replies (1) | Respond to of 4697
 
As those that have seen me posting my limited knowledge know, I am one of those slow accumulators that doesn't worry about the price so much. I am just adding to my position every now and then, usually when it looks cheap. Of course, recently when it looked cheap it got cheaper.
But I am counting on a return to profitibility in a few years, and hope to have a large position by the time it starts its way back up. I anticipate that when it turns, we could have a very large, quick move upward over several months. I want to have many bananas on that boat when it leaves harbor.

So as far as a summer rally goes for MEMC, I can't see any major move but it really doesn't effect my investment style.



To: Zeev Hed who wrote (3558)6/18/1998 10:41:00 PM
From: Scotsman  Read Replies (1) | Respond to of 4697
 
Zeev and all, a little off topic. I have seen these commercials about Imation's super disk. A engineer friend of mine thinks this will be the wave of the future, replacing Iomaga's zip drive. Is this worth looking at as in investment. After all, Iomega went through the roof a few years back.



To: Zeev Hed who wrote (3558)6/20/1998 3:35:00 PM
From: Ian@SI  Respond to of 4697
 
MEMC ELECTRONIC MATL: short interest fell to 821,945 in June from 886,163 in May, a drop of -7.2%. Average daily volume was 48,970. Almost 20 days short interest outstanding.



To: Zeev Hed who wrote (3558)6/23/1998 11:26:00 PM
From: Carl R.  Read Replies (1) | Respond to of 4697
 
Interesting action in WFR today, reaching 11 3/8 by 11 7/16 before collapsing in the last half hour on low volume except one sell of 5000 shares.

Carl