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


To: SJS who wrote (402)7/31/2000 8:28:29 PM
From: techtonicbull  Read Replies (2) | Respond to of 906
 
This stock is stuck in the mud because there is a belief that the market for capacitors has grown as much as it will grow and that the only way for the sales to go is down. The glass is really half empty.

By the way this is where the stock is supposed to be right now according to the efficient market theory. The market is saying these things not any one person. The forces are indicating a drop in the stock however, there is one factor that comes into play here. That is, the stock is seriously "oversold" and technically due for a march back up to at least $35 within a couple of weeks IMO.