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

To: techtonicbull who wrote (836)	11/28/2000 7:35:38 PM
From: Blue Voodoo	Read Replies (1) \| Respond to of 906

Useful KEM numbers: KEM's book value (hard numbers, no mythical 'goodwill') is $8.36. Merill lynch's very negative new earnings projections are $4.05 and $3.60 for the next two years. Total = $16.01 At today's under $19 close, KEM's entire future from 2002 to infinity, is valued, at most, at under $3. Note the above forecasts are far lower than any other analyst's prediction. KEM itself announced a few weeks ago that it forecasts growth for the next two years, not declines. KEM's implied PE for this fiscal year is under 5, while it's historical average PE is well over 10. Last August, the CEO of KEM said the stock was greatly undervalued, and announced a 4 million share buyback program. The share price then was over $26.