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$53.80 2.17 (4.20%)
7/23/2008 4:01 PM

MEMC Electronic Materials, Inc. (WFR)

CAPS Rating:
****

The Company is a worldwide producer of wafers for the semiconductor industry.

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Recs

4

Avatar Rich1965 (58.68) Submitted: 5/10/07 12:36 PM : Outperform Start Price: $60.27 WFR Score: 3.79

MEMC is a great company with a broad range of products. They have chip makers in their pocket and solar in a completely different industry. Cramer called this one and I will hold it a long time.

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Avatar hkramer48 (72.22) Submitted: 5/17/07 8:18 PM

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Cramer very unwisely pulled back his recommendation on this one after the stock got bashed. I'm very disappointed with Cramer on this. The report was great with a great forward outlook. I won't sell this no matter what he says. If he had read the report, he would have seen that the market reaction was unjustified and overdone.

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Avatar mpmacgyver (< 20) Submitted: 3/15/08 11:37 PM

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i called these guys to hit $80 back in Jan. '07 when they were at $45. Sure enough they hit 90 . Cramer is a moron, it took him forever to pick MEMC, and once he did, it was a little late. MEMC is having a rough time adjusting to a recession, and there will be a huge drop in polisilicon prices in the near future, even the MEMC board is saying so. If you were smart like me and got them at a bargain price, now is the time to start methodically selling them off.

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