Kulicke and Soffa Message Board

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Technology Stocks : Kulicke and Soffa

KLIC 46.61

+0.3%

10:37 AM EST

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To: Gottfried who wrote (4626)	12/5/2000 12:12:58 PM
From: scott_jiminez	Read Replies (1) of 5482

Is Klic currently positioned for a short squeeze? From Yahoo: >>>>>>>> Klic short sales have been at record levels over the past two months. The 'days-to-cover' ratio in November was 3X normal. It would be safe to assume part of the logic behind short selling was a continued tight money policy by the fed. This premise appears to have been removed. While one should never invest based on a single criteria, I would think a lot of short sellers just became a lot more nervous. In short, and IMO, the chances of a tremendous amount of short covering in a very short time frame just increased dramatically. The extremely high days-to-cover ratio significantly increases the likelihood of an upcoming short squeeze. <<<<<<< Predictions of short squeezes are always, of course, a big FWIW.

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