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Technology Stocks : Kulicke and Soffa
KLIC 41.55+1.7%Nov 24 3:59 PM EST

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To: Donald Wennerstrom who wrote (4046)8/4/2000 2:53:13 PM
From: scott_jiminez  Read Replies (2) of 5482
 
Donald -

I'm unclear about your rationale for concluding that 'we are in dire trouble indeed'. Which part of the story was the catalyst for such a conclusion?

If it was, 'The company’s sequential revenue growth for the fiscal third quarter ended June 30 slowed significantly.' this is a statement in the category of 'by definition' since the company was emerging from significant losses in the recent quarters. The fact is Klic had record earnings in the 3rd qtr. When a company emerges from a year of losses, it will show phenomenal growth that is wholly unrepresentative. Its rate of sequential revenue growth must moderate since the losses will no longer be a component of the calculation.

I realize this is a long-winded statement of the obvious..but so was the statement quote form that article.

What else is 'dire' other than what's been discussed here and elsewhere very often in the past 48 hours.

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