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Technology Stocks : Kulicke and Soffa
KLIC 58.33+0.3%3:59 PM EST

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To: marquis103 who wrote (4693)1/26/2001 8:57:11 AM
From: scott_jiminez  Read Replies (1) of 5482
 
Nice to have an upgrade (for once).

Seems to be the reverse of what happened with Klic 6 months ago (where it was one of the first to be downgraded). And if memory serve me correctly, ABN Amro was one of the earliest to (correctly) upgrade Klic coming out of the 1998 swoon.

This time there may be more going on since, as noted in that S&P report, Klic is no longer simply a bonder company. 'aklkieix', on Yahoo, put it quite succinctly:

>>
S&P has it right.

This isn't your father's KNS. Not just a bonder company any more. Revenues, earnings, margins all more stable. This process has just started and will only improve in the future. Licensing fees for FlipChip will be increasing substantially and sequentially, for example.

As investors fully appreciate the company's change, Klic's valuation/multiple will increase.

As ABN Amro realized, now is a great entry point.
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