SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Kulicke and Soffa
KLIC 35.64-4.1%Nov 17 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scott_jiminez who wrote (3809)5/26/2000 2:31:00 PM
From: Red Dragon  Read Replies (1) of 5482
 
Scott said:

>So this is a dire, calamitous time, eh? I suggest you sell, and sell quickly (I may be the one buying your shares over the next couple of weeks). May I suggest gold?<

Hmmm, I wonder how you keep getting this impression from my posts. KLIC is a great company, it's been around for decades. It will continue to thrive. But it's in a notoriously cyclical boom-or-bust business. You have to know how to play the cycles. I gave a lot of tips in my previous posts.

I screwed up the first time I tried during the 1995 peak, hanging around too long. I learned, and made 300% during the 1997 peak and 250% when I cashed out above $70 (along with the insiders) over the past couple of months.

Is it fair to guess that this is the first time you have invested in KLIC?

You could be right, maybe the stock will rocket past its all time high of $87 soon. But I'm still satisfied with my profit for this round.

I love playing the KLIC cycles. I'll be back at the bottom.

Overall, I'm not pessimistic at all. In fact, I've been loading up heavily in fiber optic stocks like JDSU and SDLI in April/May.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext