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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 175.89-1.2%Dec 29 3:59 PM EST

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To: Thomas Babb who wrote (8286)3/16/2000 9:20:00 PM
From: XBrit  Read Replies (1) of 10921
 
KLIC dipped below 66 today, at which price I believe it was the buy of the month in the semi equipment sector. Projected earnings for CY2000 are conservatively around $3.50, and for CY2001 are conservatively around $5.00. (Note that KLIC's FY is different from a CY).

Price later rebounded over 70... ABN Amro predicts there is a strong possibility of an earnings pre-announcement tomorrow before the open. Normally when analysts go out on a limb like that, it is because they have been tipped off by the company.
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