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


To: drsvelte who wrote (313)7/26/2000 1:54:43 PM
From: drsvelte  Respond to of 906
 
Zacks on KEM...

"KEMET Corporation (KEM) 27 3/8, -5/8, After the market closed yesterday, the company reported June quarter earnings of $0.90 per share, which blew past consensus estimates of $0.74. Investors however, do not seem to care about the current results and continue to sell on expectations that this quarter is the last quarter of the kind of growth the company is experiencing over the past several quarters. These bearish investors have been saying this for the past couple of quarters and although they will be right one of these days, we think the stock has taken enough beating and over time if the company can sustain the margins and firm pricing, the stock could rebound substantially. Near-term, expect continued volatility"

Rated Strong Buy