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Technology Stocks : Kulicke and Soffa
KLIC 47.01+4.1%Dec 3 3:59 PM EST

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To: Proud_Infidel who wrote (4387)10/10/2000 9:28:34 PM
From: BWAC  Read Replies (1) of 5482
 
The market obviously does not believe the expected earnings for next year. End of explanation. When that belief is either proven correct or incorrect the sentiment and focus will shift to the next upcycle. Right now we unfortunately lose either way.

All amazingly stupid. And seems to find new levels of foolishness each and every day.

Why is KLIC being so silent? At some point they need to start buying back stock. Right now would be good. I could fully support them using their excess cash to take stock from those willing to throw it away. It increases all of our ownership percentages.

What are we now anyway? About a $600 Million market cap? With $250 Million in cash, no significant debt?
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