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

To: Charles Tutt who wrote (3824)	9/25/1998 4:02:00 PM
From: Scotsman	Read Replies (3) \| Respond to of 4697

Its probably just a hang on and wait it out situation. The question will be can they make it. They have a product that is needed but there is simply too much capacity. Also they are the last to fall, so they will be the last to turn. I am encouraged a little by the shutdown of the Spartanburg plant and the plant closing in Oregon. So some capacity is coming off. And also there are some small indications that show memory prices are finally bottoming out. But there is a heck of a long way to go. I personally have pretty much given up that this stock will turn before 2000, and thats two years they have to survive before this happens. If they make it the rewards will probably be pretty good.