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Technology Stocks : KEMET Corp.
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To: The Prophet who wrote (619)9/3/2000 10:12:46 PM
From: techtonicbull  Read Replies (1) of 906
 
Whoa! Prophet. Ron Harvey may have spoken to the janitor at the Kemet headquarters. So he probably is not lying at all. Whether what he says is true, is very doubtful as to being a representation of an official company statement. As I have said before, credibility is the basis of all stock price valuation and company public relations stand or fall on the basis of veracity.

What a ridiculous way for a company to lose credibility as to lie to its investors.

It would be a bad trick to say that 4MM shares will be purchased according to the vote of the board of directors no less. And then make it a "sham" statement by referring only to a "safety net" when the stock hits the mid twenties. Told no less to a guy who merely calls the Investor Relations office "out of the blue". No way is it true. But referring to the poster as a "liar" is a bit strong.
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