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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 (4035)10/29/1998 11:06:00 PM
From: Carl R.  Read Replies (1) | Respond to of 4697
 
I agree that receiving the rights offering is good as it will be like a free call, but once the rights have been granted I believe that the stock will be pinned at the strike price, and the value of the rights will fall to zero at expiration.

Carl