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Technology Stocks : Kulicke and Soffa
KLIC 39.55-0.4%Oct 30 3:59 PM EDT
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From: Ian@SI6/16/2008 7:57:15 PM
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09:26 am Kulicke & Soffa: . Target $10. Amtech upgrades KLIC to Buy from Neutral with a $10 tgt saying checks indicate that wire bonder orders appear to have stabilized, and that current strength in high-end handset units and mobile devices that require increased stacked die assembly is expected to drive 2H08 wire bonder tool capacity growth. The firm says while low-end handset units appear weak, they believe the strength in high-end handsets requiring advanced wire bonder tools can offset such weakness.
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