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Technology Stocks : KEMET Corp.
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To: techtonicbull who wrote (504)8/11/2000 3:08:38 PM
From: SJS  Read Replies (1) of 906
 
Battleground for the stock close next week is predicated on the options expiration and will be the 25 area, not 30. I think that the stock will close over 25, but not by much.

As well, in reviewing the options activity, the OI is fairly light, except for the OI on the Oct 42.5 calls, which are still short (from that June activity event).

I would say that after we get done with August, and baring no new option activity to send short signals, we should move up slowly.

Low 30's by late September is not unrealistic, but it will still be a slow grind up.

Steve
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