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

To: Joss who wrote (4265)3/8/1999 5:27:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 4697
 
Joss, it is certainly possible, but for that kind of scenario, we may need an abortion of the cyclical upswing in the semi's, my theory is that we will see only seasonal weakness and that the basic cyclical upswing is already in motion. If my theory is correct, than we may not go all the way to the low, probably the very low 4'. But who knows. That red candle today sure looks ugly, but it was predictable.

Zeev


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