Garry

MEMC Electronic Materials: Too Cheap To Ignore?

Nice job, Eric,
Convergence of problems today, maybe contributing to the price drop. A few points to wonder about:
poly customers claim price drops in poly going forward
are the factory problems really to blame for the shortfall?
WFR rich in cash, $5.64 / share w/ nearly 0 debt
strong ROE,
Stock price dropped $10 in the last month before today.
A little odd that solar companies are heavy in debt CSIQ, STP,TSL,others,, and going further into debt when WFR has so much cash.

What were the analysts saying when the stock was $80-$90 a few months ago?