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Technology Stocks : KEMET Corp.
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To: techtonicbull who wrote (882)4/4/2001 9:44:59 AM
From: SJS  Read Replies (1) of 906
 
Hi again guys:
_______

08:48 ET Thomas Weisel Cuts Components : Firm says deteriorating macro environment leads to significant estimate reductions for the passive electronic component companies; expect rapid ASP declines. Reiterates MKT PERFORM ratings on AVX Corp (AVX), Kemet (KEM) and Vishay (VSH). Revenue and EPS estimates cut: AVX: FY02 from $2.610 bln to $1.995 bln, from $2.20 to $1.10; KEM: FY02 from $1.450 bln to $945 mln, from $2.46 to $0.76; VSH: FY01 from $2.38 bln to $2.23 bln, from $2.18 to $1.44; FY02 from $2.60 bln to $2.24 bln, from $2.27 to $1.00.
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