Kulicke and Soffa Message Board

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Technology Stocks : Kulicke and Soffa

KLIC 51.23

+6.0%

3:00 PM EST

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From: scott_jiminez	12/1/2000 1:33:54 PM
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More positive news: Janney upgrades Klic. ------------- >>>>KLIC upgraded by Janney--12:30 pm - By Chris Kraeuter Semiconductor assembly equipment maker Kulicke & Soffa’s (KLIC: news, msgs) investment rating was upgraded by Janney Montgomery Scott to “accumulate” from “hold”. According to a note from James M. Meyer, there is nothing to indicate that the order picture is going to change sooner or later, but that, as a natural part of the semiconductor cycle, orders “will return and subcontract assemblers and major manufacturers will be back at KLIC’s doorstep again.” Meyer said the soonest this would probably happen would be February after the Chinese New Year and as late as late spring. Meyer’s price target is $20. Currently, shares are up 28 cents, or 3 percent, to $9.63.<<< www2.marketwatch.com ---------------

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