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: Jack Hartmann who wrote (471)	8/5/2000 2:13:32 PM
From: techtonicbull	Respond to of 906

Jack: Excellent post as always. I really didn't realize that KEM is actually smaller in revenues than either AVX or VSH. I like the fact though that KEM is the world leader in solid tantalum capacitors. I have not looked at the numbers, however, I have heard that VSH is much more leveraged than KEM. The backlogs are a forward looking indication of future great earnings. I believe that we have bottomed Jack. I truly believe that there is going to be a tremendous ramp up in technology despite a business slowdown because expenditures will not be changed by big corporations for tech, To take advantage of the productivity gains that technology can bring, will be a must have part of any fiscal budget. Budgets are not adjusted because of blips in the Fed funds rate by the Fed. Furthermore Merrill Lynch is predicting that there will be a rate reduction over the next six months. So I am holding a very large position in KEM and look forward to the volume increasing and further purchases of this stock in recognition of the umbers. Merrill Lynch's, Jerry Labowitz issued an intra-day memo on Friday which said that the cell phone handset business contributes only 7% to KEM's overall business. He also said that there are estimates from good sources that July revenues were 10% higher that June at KEM, and that August revenues are expected to be equally as strong.

To: Jack Hartmann who wrote (471)	8/5/2000 7:17:25 PM
From: Czechsinthemail	Respond to of 906

Jack, Thanks for the great post. It shows pretty dramatically the growth in the sector; also that KEM has been clearly growing the fastest of the three. It would be interesting to see the companies' market caps over those periods. Here's are a couple of items: Phone manufacturers have had to contend with persistent parts shortages, particularly in the areas of flash memory and other semiconductor and passive electronic components used to make the phones. In order to deal with it, manufacturers are likely to push their limited supply of parts toward the more expensive phones. Motorola in particular has been trying to push the margin of its handset business above 10%. ``It's like having a shortage of tires,'' Jodoin says. ``Do you sell them to Chevrolet or to Cadillac?'' biz.yahoo.com Here's another that may seem familiar: intelligentspeculator.com