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


To: WTMHouston who wrote (607)9/1/2000 1:26:23 PM
From: techtonicbull  Read Replies (1) | Respond to of 906
 
RE the buyback program I respectfully disagree. I believe that the volume yesterday was above the average and possible was a day that the company did some purchases. I disagree that this is just a PR stunt as you say.

Credibility is the key element in both investor relations and analyst relations and I would be very surprised if a company as old and steady as Kemet would risk even a slight leak that they were in the process of hoodwinking the public.

They just wouldn't do it.

I agree with you about where the stock price is going. I personally believe that by X-Mas the stock will be at $50 or greater.



To: WTMHouston who wrote (607)9/2/2000 1:30:44 PM
From: Ron Harvey  Read Replies (4) | Respond to of 906
 
<<I would be surprised to see KEM buy 200K shares by the end of the year and less than 100K b(u)y the end of the year would not surprise me either.>>

Per investor relations they haven't bought any yet and, even though they believe the price is still inexplicably low in light of glowing prospects, they won't provide buying support unless the stock drops to the 20's (and, I presume, they mean the mid 20's). Meanwhile, those without an investor's packet should e-mail a request for one to be mailed to you. Name, address, and request to capmaster@Kemet.com.