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Technology Stocks : Kulicke and Soffa
KLIC 72.05-3.7%3:59 PM EST

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To: semi engineer who wrote (1915)10/29/1997 3:25:00 AM
From: Fred Weiss  Read Replies (1) of 5482
 
Action was pretty positive with lots of semi stocks. KLIC is pretty damaged technically and didn't keep pace although it was a slightly positive day. I am hopeful for a rise tomorrow and perhaps beyond that in the short term. I would be surprised to see the stock move above $30 and hold there right now and am planning on selling either $30 or $35 strike November calls as the price approaches $30.

Trader Spud
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