By the way, how come no one else is weighing in with their opinion?
It's like breaking up a fight between two pit bulls. <gg>
KLIC numbers are the reason I bought the stock. If the sequential rev/EPS growth slows then I might worry. $1.42/1 book to bill for the semis is still a strong number. The June quarterly should speak more loudy than insider sales.
EPS Mar00 0.80, Rev increase y2y 202.0%
Dec99 EPS 0.52, Rev increase y2y 194.0%
Sep99 EPS 0.30, Rev increase 101.3%
Jun 99 EPS -0.03, Rev increase 20.8%
Mar 99 EPS -0.32, Rev increase -38.7%
All data supplied by Briefing.com
If there are stronger numbers posted on briefing.com, I like to see them.
I think the exit time is January 2001, but one is never sure. The semi/chip industry is adding capacity as fast as they can. Several component companies reported shortages in April, CXNT, MOT, etc.
Most momentum players can't even defend why they own a stock in the first place so selling is indiscriminate at times. No one wants to be caught on the semi downturn for the cycle. Maybe we have seen a premature exit by traders.
By mid July we will know the June numbers. Until then, why give your shares away.
Jack |
