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Technology Stocks : Kulicke and Soffa
KLIC 40.87+4.6%3:59 PM EST

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To: Sam Citron who wrote (4533)11/5/2000 12:23:01 PM
From: Jerome  Read Replies (2) of 5482
 
>>KLIC is probably in a buy range, now.<<

Perhaps or perhaps not. Why not wait until the dust settles for a few weeks prior to adding more KLIC?

There are no hard and fast rules in today's market. This so called information waterfall gives immediate distortion to the price of any stock.

If you really felt that KLIC was going to go to ll.6 to 10 and then to 8.5 , why not wait it out and do your buying at 8.5?

My question would be what events or circumstances from this point onward would cause KLIC's price to appreciate? Its not going to be investor confidence, or beating lowered expectations, so something else will have to be a catalyst.

A merger or buyout or at least some PR lessons for the management team, would be a good starting point.

Regards, Jerome
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