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Technology Stocks : Kulicke and Soffa
KLIC 74.81+2.6%3:59 PM EST

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To: Doug who wrote (1935)10/30/1997 5:30:00 PM
From: Rodney Lockhart  Read Replies (3) of 5482
 
KLIC is presenting at AEA Classic next week in San Diego. Perhaps that will put some wind back in the sails.

biz.yahoo.com

The stock has been dropping because people fear that the "Far East" problems will impact the Asian chip makers. No one knows what the impact will be and the uncertainty is driving people out of the stock. Lack of buyers is causing the price to move lower.

When the smoke clears, the crowd will return and bid the price back up.

I increased my holdings from 400 to 1,200 shares with a buy at $25 today. If we move to the teens, I'll buy more.
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