Kulicke and Soffa Message Board

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Technology Stocks : Kulicke and Soffa

KLIC 46.75

+0.6%

Dec 26 9:30 AM EST

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To: marquis103 who wrote (3373)	6/23/1999 12:24:00 AM
From: Gottfried	Read Replies (1) of 5482

Russ, the last bottom to top cycle for orders took 13 months. This cycle we're 8 months off the bottom. Stock prices tend to track orders. [Actually prices seem to anticipate SEMI orders, because we retail investors get SEMI order info late]. I think there are higher SEMI order reports to come. My charts are here... Message 10186638 and a new one for KLAC... geocities.com:80/WallStreet/5464/klac_prc.gif Note how AMAT and KLAC prices had flat tops near the peak in 1997. Well, they're doing it again now. Is this a fake or are orders near a top? The gurus say the recovery will continue. But they've said that before and were wrong. Gottfried For a cautionary look back at October 1997, please see Message 10117901

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