Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : KEMET Corp. -- Ignore unavailable to you. Want to Upgrade?

To: techtonicbull who wrote (234)	7/24/2000 6:07:16 PM
From: The Ox	Read Replies (1) \| Respond to of 906

There is little doubt in mind that the stock should be trading higher than it has been unless there is news that I'm not aware of. I've worked the numbers and that's why I have a very solid position(for me) in KEM. I also know that watching the tape on this stock has been pretty frustrating lately. I won't let the frustration get the best of me and I have my eye on the long term. At the same time, I don't fool myself into being blind. There could be other issues that the market is taking into consideration that I haven't plugged into my evaluation formula. I think we are in the right place and I believe it's only a matter of time before we see the stock rise. Hopefully, it will start tomorrow. Best regards, Michael

To: techtonicbull who wrote (234)	7/24/2000 6:09:51 PM
From: Czechsinthemail	Read Replies (2) \| Respond to of 906

Kemet 1st-Qtr Profit Surges 17-Fold on Demand for Capacitors By Michael Lovell Greenville, South Carolina, July 24 (Bloomberg) -- Kemet Corp. said fiscal first-quarter profit rose 17-fold as demand surged for its tantalum capacitors, which regulate the flow of electricity in circuits. Net income rose to $80.2 million, or 90 cents a share, in the quarter ended June 30 from $4.69 million, or 6 cents, a year earlier. The Greenville, South Carolina-based company was expected to earn 74 cents, the average estimate of four analysts polled by First Call/Thomson Financial. Revenue more than doubled to $329.2 million from $162.6 million. Kemet's capacitors are used in products ranging from cellular phones to automobiles to computer chips. It was the sixth straight quarter that Kemet has beaten analysts' forecasts. Last month, Kemet said the average estimate then of 50 cents a share was too low. Analysts raised their estimates as high as 80 cents. Kemet's shares outstanding increased 11 percent in the quarter to 88.9 million from 79.8 million. Kemet shares fell 1/2 to 27 1/2. They've risen 20 percent this year. quote.bloomberg.com