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KEM's recent glory days, both in share price and in earnings, were tied to the wireless phone boom, and its fall from glory came when the wireless bubble deflated.

One interesting piece of fallout from the Sept. 11 attack is a pick-up in interest in wireless phones among people who have so far been resisting getting or using them. I think we're going to see a spike in new phone sales and new wireless service contracts, which will impact on component usage. How big an impact this may prove is anyone's guess.

In the long haul, though, electronic components are always going to be needed sooner or later, wartime or peacetime, boom or bust. KEM is a proven long-haul competitor.
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