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Technology Stocks : Kulicke and Soffa
KLIC 48.35+6.1%Jan 2 9:30 AM EST

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To: dharampal luthra who wrote (3071)9/13/1998 7:31:00 PM
From: Paul Winston   of 5482
 
If you think that the worst is over, then you missed a good entry point. If you think that the DOW will go down to a new 52 week low, then you can bet that KLIC will see $12.00 or less again.

I don't think the DOW will go below 7000, but I also think that the market will be very volatile until mid-October and you _may_ have another very good opportunity.

FYI: I bought in at 15 and 13 and am now at the break-even point. I won't be selling in hopes that the stock goes down even though I think that there is a good chance it will in the next few weeks. I will probably hold onto all of my KLIC until next summer.

Paul.
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