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Technology Stocks : KEMET Corp.
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To: Ron Harvey who wrote (832)11/28/2000 1:44:29 PM
From: Blue Voodoo   of 906
 
On Aug 26, when KEM was over $26 per share, KEM announced they would buyback up to 4 million shares. The CEO then said, referring to $26 per share, "We feel that the current market price of our stock undervalues both the current and long-term earnings potential of the Company and presents an attractive investment opportunity for both the Company and its shareholders," and "The outlook for the electronics industry is the best we have seen in 40 years."
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