A comment on VSH:
Houston, May 24 (Bloomberg) -- The following comments were made by Ken Zschappel, a portfolio manager at AIM Management Group Inc., which has $18 billion under management, on shares of Vishay Intertechnology Inc. AIM's Constellation Fund, which Zschappel co- manages, held about 3.94 million Vishay shares, or about 5.2 percent of the shares outstanding, as of April. Vishay shares, which tumbled as much as 20 percent, fell 4 1/4, or 5.8 percent, to 68 1/2 in late trading after touching 58 1/16. They have more than doubled this year.
``There's been some negative speculation on the stock. The electronic-components group is one of the last groups to hold up in this market, and now it's getting taken apart, too. People are just scared of everything.''
``I think this is an overreaction. Tantalum capacitors are still in high demand. These guys are the beneficiaries of any part shortages.''
``People are scared of these types of stocks because they're a commodity stock, and because people are afraid of double ordering. But I haven't heard of that happening.''
May/24/2000 15:16 ET
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