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

To: Scotsman who wrote (3931)10/20/1998 1:58:00 PM
From: Bruce A. Thompson  Read Replies (1) | Respond to of 4697
 
Scotsman,

My banannas are in play big time. I bought in @ $3.75 and tagged the margin key when it broke $6. The cow is looking out the door now.

Bruce



To: Scotsman who wrote (3931)10/20/1998 10:07:00 PM
From: Carl R.  Read Replies (1) | Respond to of 4697
 
At Schwab the cutoff point for margin is $10, and other brokerages may be the same.

I was impressed by the way the volume held up and the stock turned back up from 8, even as the SOX tanked. I haven't taken anything off the table yet, but this much rise this quickly, it is tempting. Still I think it ought to be trading closer to book value, so we'll see what happens.

Carl


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