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Technology Stocks : AVX and KEMET, two major capacitor co's

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To: Philip H. Lee who wrote ()3/30/1996 9:12:00 PM
From: olduser   of 60
 
Dear Philip:
I bought about 40 days ago KMET because this stock was strongly
recomended by Merrill Lynch (short term as a buy also mid-long term).
Since I bought it the price fell from 25 1/4 to 22 3/4 (march 29th
close). Merrill was recomending this stock when the price was abt
usd 28/share. I really don't know what's the reason of this fall,
may be semiconductors drop and a nervous sentiment abt US stock
market. All tech stocks now are depressed and maybe the best is to
wait for a rebounce of prices or at least wait a little while.
Best Regards
Ignacio Zubizarreta
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