Why MEMC Electronic Materials Is Undervalued
By Street Authority. You can’t blame all of the vast stock sell-offs in 2008 and early 2009 on the lousy economy. Sometimes, share prices plunged simply due to management ineptitude. MEMC Electronic Materials ( WFR ) was a perennially respected leading supplier of those big disks — known as wafers — for roughly four decades. And investors had no problem paying $60, $70 or even $80 for its …

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