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


To: My Father's Son who wrote (663)6/2/1998 2:18:00 PM
From: RDH  Read Replies (2) | Respond to of 848
 
I am seriously considering picking up some KMAG.

I had bought some at 22 sold options on it and had my shares called. Looking back this turned out okay.

I see where it is now trading below book value. I have read about increased competition, but do not have a good handle on their current competition and how that will affect KMAG going forward.

It seems unlikely that this company will continue to consistently have negative EPS. Is this a good opportunity to buy or is there a good reason for it being below book value?

- RDH.