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Technology Stocks : Kent Electronics (KNT) -- Ignore unavailable to you. Want to Upgrade?

To: Hank Pearson who wrote (76)	5/5/1998 6:39:00 PM
From: Myron Ervin	Read Replies (1) \| Respond to of 300

Hank, I own this one and I talked to management a few weeks ago. I don't think short term we are out of the woods their largest customer in their contract manufacturing division is CPQ (Compaq) and they are far from being out of the woods. Also, they are in my opinion pressuring Kent to lower contract prices or lose their business altogether. On the brighter side they did sign some new accounts but they will need to prove themselves to increase and or hold their business. This is the division that is holding them back but as the computer industry turns itself around this division should increase earnings let's hope but in the mean time I believe we are in for more downside on this one by there own guidance and maybe even a sell would be appropriate here it depends on your long term outlook. I'm holding pat for now. Regards Myron