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Technology Stocks : KEMET Corp.

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To: WTMHouston who wrote (594)8/31/2000 7:48:19 PM
From: SJS  Read Replies (1) of 906
 
Remember the quote? When KEM was "ridiculously" cheap, now it's just undervalued. I think they might want to get in on some of their own stock at those levels.

For the past 13 days, most all the stock was going off AT THE ASK. Sometimes big blocks, but mostly 5 & 10K stuff getting filled.

I'd say that the "monthlong" seller was done, and this is just profit taking on a great run.

Unfortunately, we will never know, but I'd like to think some of the that 4M shares was purchased on a fire sale.

The battleground for KEM is, IMHO and as I mentioned, just north of 30. I believe that call writers at 30 will be called in 2 weeks.

Steve
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