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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: Fred McCutcheon who wrote (2728)3/17/1998 11:18:00 AM
From: Smilodon   of 5482
 
I talked to the Lehman analyst. He has a hold on KLIC, but in private conversation, likes it. The issue for him is the incredible volatility of demand. He say orders can fall to 1/3 in slow times and it is tough to predict the next few quarters with the Asia turmoil.

I like KLIC a lot and am long. But, we must be willing to endure pain in the next few quarters.
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