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Technology Stocks : Semi Equipment Analysis
SOXX 283.58+0.3%Nov 25 4:00 PM EST

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To: sixty2nds who wrote (23112)5/2/2005 8:11:55 AM
From: sixty2nds  Read Replies (1) of 95471
 
I do not agree with the "nibble" comment which is included in the following KLIC article. I have had better results waiting for a long side entry until a recent high has been taken out. Yes, I miss some of the glory BUT I also miss some of the nicks and cuts of a blade....err...the falling knife. Practice patience, don't be a patient. This is from Briefing.com

Updated: 29-Apr-05 10:33 ET

Small Cap Profile: Kulicke & Soffa (KLIC)

[BRIEFING.COM -- Robert J. Reid] Kulicke & Soffa has exhibited some encouraging, yet still muted, developments pointing to the possibility that the stock is near a cyclical bottom. Last week, Intel raised its cap-ex guidance and KLIC reported a fairly positive MarQ report yesterday. It is difficult to time the bottom of a semi cap equipment cycle, but with a $4-$20 range the past few years it may be time to start nibbling on this one.

Background
Kulicke & Soffa (KLIC 5.19 +0.04) is a supplier of semiconductor wire bonding assembly equipment. The co believes it is the only major supplier that provides semiconductor wire bonding equipment along with the complementing packaging materials and test interconnect products. Wire bonders are used to connect very fine wires, typically made of gold, aluminum or copper, between the bond pads of a semiconductor die and the leads on the integrated circuit (IC) package to which the die has been attached.
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