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Technology Stocks : Kulicke and Soffa
KLIC 46.74-2.2%1:15 PM EST

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To: Gottfried who wrote (3696)3/21/2000 10:37:00 AM
From: scott_jiminez  Read Replies (1) of 5482
 
Despite 13 million+ messages to the contrary on this website, no one EVER knows why a stock moves one way or the other (in the absence of company specific news).

Until 'proven' otherwise, I claim Klic's weakness is purely a reflection of the normal corrective process currently occurring on the NASDAQ. To rephrase that - Klic's weakness has nothing to do with Klic per se .

In fact it's been kind of mind boggling for me to read all these comments over the last couple of days indicating that Taiwan was causing this or that - while the fact that the NASDAQ was dropping 600 points (~12%) WAS TOTALLY IGNORED!.

It's always a good rule to consider the easy explanations (NASDAQ) rather than trying to invoke complex international politics.

(and now that the NASDAQ is coming back - 10:30 EST - so is Klic....)
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