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

To: Bruce Shipley who wrote (3831)9/28/1998 1:00:00 PM
From: Carl R.  Read Replies (1) | Respond to of 4697
 
I for one don't know. It is on low volume though.....

Actually VEBA selling out might be a good thing. It isn't as if they have done a great job of running this company.

Carl



To: Bruce Shipley who wrote (3831)9/28/1998 1:22:00 PM
From: Carl R.  Respond to of 4697
 
I suppose it could be all the plant closings. Lots of semi companies are closing older fabs. This is good for the semis, but bad for wafer makers.

Carl



To: Bruce Shipley who wrote (3831)9/28/1998 3:56:00 PM
From: J L Segal  Respond to of 4697
 
We're in the "end of quarter" portfolio dressing season. MM's may
not want to show WFR in their portfolios. -Just a guess. This could at least partially explain the sell off.

JL

p.s. WFR could still go lower (hard to believe) -due to margin calls, now that the price has slipped under $4.


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