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


To: The Ox who wrote (235)7/24/2000 8:04:17 PM
From: techtonicbull  Read Replies (1) | Respond to of 906
 
Look, it takes chutzpah to stick with a stock as it trades down, never knowing if there is some errant story out there or somebody is shorting the stock who "knows" better. I have done this with Sun Microsystems and stuck with it iver the years when it was doing nothing. I have bought into Tyco when the bottom seemed to be falling out of it due to an erroneous perception that the SEC investigation was going to make them re-state earnings going back for the years they did their acquisitions.

KEM is another one of those "opportunity" stocks that you really have to "dig" up. They are tough because they seemingly look very bad, and the good news even makes them worse. These "diamonds in the rough" are the best way to invest. I think that KEM will grow their business organically from within and be swallowed up by another company like a Tyco (great fit IMHO) or a CSCO or a big circuit make/chip maker (like TXI_).