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Technology Stocks : KEMET Corp.

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To: Czechsinthemail who wrote (765)10/24/2000 10:43:03 AM
From: SJS  Read Replies (1) of 906
 
Baird.....I wrote calls yesterday to protect myself on this, because I just had one of those feelings. This stock has never left the Twilight Zone.

Many individuals investors are off the wall optimistic on this company. Salivating from coming off the highs of HIGH PE stocks, they come to KEM thinking that they have a cast-off pure undervalued play here.

In the meantime, millions of shares are being dumped by institutional money managers. It's not because the company isn't glamarous. All summer I kept saying: I gotta be correct, I gotta be correct. This stock must go up.

Guess what. I wasn't.

You get tired of no respect after a while. Some stocks are just like that. They put a zillion PE on stocks like BRCD and keep it going up. They won't let KEM move up.

There are plenty of other stocks out there.

Steve
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