Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 314.52

-0.6%

Dec 11 4:00 PM EST

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To: Return to Sender who wrote (11648)	9/18/2003 9:26:11 AM
From: Alastair McIntosh	Read Replies (2) of 95573

Re: JP Morgan adds KLAC to their Focus List and sets a $77 target This target ($77) represents a P/E of 321 based on current earnings with options expensed. KLAC said Tuesday that its fiscal 2003 earnings per share would have been reduced to 24 cents had the company used a fair value method for accounting for stock options paid to its employees. biz.yahoo.com

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