The State of Tech: Distribution Companies

July 14, 2006

According to the Next Inning’s 2006 June State of Tech Report March report, they predict that Kemet (NYSE: KEM), a company frequently lambasted in the past, would show strong growth and report a much higher profit than analysts were expecting. As it turns out, Kemet turned in earnings per fully diluted share of $0.12 versus the Wall Street expectation of $0.07. This led to Kemet’s price spiking up roughly 30% before settling back down to being essentially flat with the March price… [more]

Source: Yahoo

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