FYI;
The carnage in the wireless-equipment sector has grabbed the attention of Marty Whitman, who runs the Third Avenue Value Funds. He's been buying stocks of companies that make cell-phone components, realizing he may have to hold them three to five years. His favorites: AVX which, at 17.29, is down from a 52-week high of 50, Kemet, which closed Friday at 17.71, down from a high of 44.23, and Vishay Intertechnology, which was once at 50 but now stands at 18.01. All three are flush with cash and have good long-term growth outlooks, Whitman contends. And they trade at just seven-to-eight times expected 2001 calendar year earnings estimates, making them much cheaper than the companies they supply.
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