Kulicke and Soffa Message Board

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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: Ian@SI who wrote (2820)	4/3/1998 3:13:00 PM
From: HoodBuilder	of 5482

I guess it is INTEL ... Kulicke shares off after earnings warning NEW YORK, April 3 (Reuters) - Shares of Kulicke & Soffa Industries Inc. fell 11 percent Friday in the first activity after the company's warning it would post a loss in its fiscal third quarter ending in June. In a statement late Thursday, Kulicke & Soffa said an order cancellation from a major customer was to blame for the expected loss. It did not name the customer but company filings and previous statements pointed to Intel Corp. (INTC - news). Kulicke has yet to report earnings for its quarter ended in March. The First Call consensus estimate calls for the company to earn $0.33 per share versus $0.46 a year ago. For the June quarter, Wall Street analysts had expected Kulicke to earn $0.36 per share, down from $0.62 last year. In mid-afternoon activity, shares of Kulicke & Soffa were trading at 21-3/16, down 2-9/16 for the session.

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