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Technology Stocks : Kulicke and Soffa
KLIC 70.92+6.8%Feb 6 9:30 AM EST

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To: semi engineer who wrote (1957)10/31/1997 10:15:00 PM
From: HoodBuilder  Read Replies (2) of 5482
 
Just for your information, it is now safe for aeveryone to buy KLIC.
I hedged my stock today with Jan 22.5 Puts and no sooner did I nibble
at these (10) contracts but J-L upgraded the stock and it lifted to $26.

I told my broker that I would rather invest a few dollars on the Puts in order to have my long stock lift and my large option position go in the money. I knew as soon as i spent money on Puts this sucker would rise.

If we get through Monday I'm a major buyer of the stock. I've been hesistant because since last Monday I've been saying that Nov 3rd could be a major downer.
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