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Technology Stocks : Semi Equipment Analysis
SOXX 270.83+1.0%Nov 21 4:00 PM EST

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To: Return to Sender who wrote (937)8/8/2001 3:44:34 PM
From: scott_jiminez  Read Replies (1) of 95456
 
<>6:41AM Kulicke & Soffa (KLIC) 16.55: Semiconductor equipment maker plans to issue $100 million in convertible subordinated notes due 2006 to institutional investors.>>

Today's response to that announcement (with the caveat that the SEMs are doing terribly anyway) bears a striking resemblance to the reaction to NVLS' much larger note offering 2 weeks ago.

The initial negative response of NVLS was followed by a ~10% rise in the stock during the subsequent 2 weeks.
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