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: RPK who wrote (875)	1/25/2001 11:53:05 AM
From: Ron Harvey	Read Replies (1) \| Respond to of 906

I haven't really looked into why AVX has been generally at a premium to KEM. Maybe the ROE is better (I haven't checked) or AVX's greater diversification has been more attractive or AVX's R&D has appeal or something else. Or maybe it's just the way it's been trading, which is all I cared about for my spread plays. I figured that the market is its own message and it would continue to do what it had been doing until it began to do something else. In any case, in about four months I've had more than ten KEM/VSH and KEM/AVX spread plays, but I think it's over now for the time being because KEM should be the premium player. I suspect that Kemet's superior earnings will finally be the telling influence. In any case, all three will still generally move together.