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Technology Stocks : Kulicke and Soffa
KLIC 37.16-1.2%Nov 14 9:30 AM EST

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To: Donald Wennerstrom who wrote (3940)7/23/2000 6:29:06 PM
From: Proud_Infidel  Read Replies (1) of 5482
 
Donald,

Now that we know "they" can do anything they want to do, at any time they want to do it, under any conditions of revenue and earnings, good or bad, a different strategy has to be pursued to make money in the market that does not depend on rational thinking.

This is dangerous to even consider. Doing so makes you no more than a momentum player, someone who buys on an uptick and sells on a downtick. It makes everything you know about a company irrelevant. Over time, KLIC's value will be realized, along with LRCX and all of the other depressed tech names that are providing the underlying infrastructure for the 21st Century. You must remember we are looking at a window on the market which is very short. Keep perspective and add to positions when you can. Don't get caught up in the day to day gyrations. Of all of the Billionaires, not one got there by daytrading.

BK, Long and Strong
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