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Non-Tech : Invest / LTD

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To: The Ox who wrote (13607)	7/17/2000 3:02:43 PM
From: SJS	Read Replies (2) of 14427

Pretty amazing on KEM huh? I'm dumbfounded. The company comes out 3 weeks ago and says their earnings will be 50% higher than the street expects. Great. Stock rallies, as it should. Then mysterious, it starts selling off. I would expect a little selloff as mo-mo guys get their profits out, and then LT investors come back in as they figure it's a good stock to hold. However it keeps going down. Friday, last week, they come out again and say that they're going to do even BETTER THAN 50%!! GEESH what more can you ask for!! And the stock is still weak? I REALLY can't figure it out. All the technical show WAY oversold. OVB, MACD, Stochs..... So you decide. This stock is an easy 35-40 once this seller gets out of the way. As for shorters, they are going to be very hurt once this reverses, IMHO. Good news is that the volume is drying up a little today. The seller may be just about finished. I really expect a close over 30 on Friday. Steve PS: Did you get in on round 2 of EXAR? I know you made round 1 a winning event.....<g>

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