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: dharampal luthra who wrote (3071)	9/14/1998 12:18:00 AM
From: Smilodon	of 5482

I was surprised by the price action. After the call, I expected the stock to trade down. The call explained away the potential good news we had heard before. Either investors think the company just won't believe things are really improving, just like they didn't really believe things were getting worse in October. Or, all the bad news is discounted, and no sellers are left. If the former, and things stay bad, you may get another opportunity. If the latter, that was the bottom. Your guess is as good as mine. I am a long term holder and got in at a higher price than it is now. Regards, Archer

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