Kulicke and Soffa Message Board

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Technology Stocks : Kulicke and Soffa

KLIC 74.81

+2.6%

3:59 PM EST

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To: semi engineer who wrote (1962)	11/2/1997 10:22:00 AM
From: HoodBuilder	Read Replies (2) of 5482

I've thought long and hard about this one but here goes. . . Early in the coming week I have decided to put about 3/4's of my trading portfolio in KLIC. I will probably buy puts out thru Jan and ratioanlize the purchase buy remembering that I would have done the same thing a few weks ago with the stock in the low $30's. I've got to believe that by the early part of Jan we'll have either put most of the last week's B/S behind us and the stock will be $35 or the market will be trashed and KLIC will be in the teens. Either way I win. My puts will have either tripled reducing my cost basis considerably OR expired worthless and my stock and calls will be screaming.

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