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

To: Czechsinthemail who wrote (649)	9/8/2000 11:06:41 AM
From: techtonicbull	Respond to of 906

Thanks for the post, Baird. Well, all we need now is for some more investors to make KEM their core holding, which will happen due to Value line rating No. 1, Sept. 18th Business Week article and this one. Millions of investors will read these and hopefully act. Who cares if they don't I will just be happy to buy more KEM now. As far as the spillover to VSH and AVX, I don't see it today!

To: Czechsinthemail who wrote (649)	9/8/2000 1:51:42 PM
From: techtonicbull	Respond to of 906

Look at what they said on CNBC today about KEM. tveyes.com

To: Czechsinthemail who wrote (649)	9/11/2000 10:10:50 AM
From: techtonicbull	Respond to of 906

Jerry Labowitz is the Merrill Lynch analyst who made this report today: Connectors/Passive Components q AVX (AVX; $30; B-1-1-7), Kemet (KEM; $32; B-1-1-9) and Vishay (VSH; $37; C-1-1-9) will be speaking at a conference this week and we expect upbeat presentations. q We believe the stocks are very attractive with VSH and KEM selling at less than 9x 01 numbers and AVX at roughly 10x. q The Japanese has built a lot of capacity in very small units. Tantalums (smaller size, lower cost product that the Japanese are excelling at) represent roughly 20% of AVX, KEM and VSH's businesses (less than 10% of dollars). With regard to ceramic multi-layer/chips our Japanese counterparts have discussed the large amount of capacity that has come on. These represent less than 10% of units for AVX, KEM and VSH and 4-5% of dollars. Tantalums and ceramics represent no more than 15% of dollar sales for any of these companies and is the least profitable product, in our view. q We expect the new wave to be IPC's (Integrated Passive Components), which should be easier for companies such as Solectron, Celestica and Jabil to insert as the products are so small. They are very high margin products, which should bode well for the earnings of AVX, KEM and VSH. q Business appears strong. We expect upbeat presentations and reiterate our Buy ratings on AVX, KEM and VSH.