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Technology Stocks : KEMET Corp.
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To: Ron Harvey who wrote (839)11/29/2000 10:35:15 AM
From: Don Edgerton  Read Replies (1) of 906
 
KEM is scheduled to go into Mid 400 tomorrow. Over 400 K shares must be bought by index funds. Might give a one day shot in the arm for a point or so.

Al the time, I thought that the "slowdown" was in the stock price.

RE the cash NAV. Doesn't take into account negativee cash flow from expansion and stock buyback. Even at 50% cash to share price, its impressive. I'm surprised there have been no purchases. TYC would be a good acquirer. Accretive to earnings and fits into its electronics businesses.

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