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Technology Stocks : Kulicke and Soffa
KLIC 57.55-3.3%Jan 23 9:30 AM EST

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To: Darin who wrote (2158)11/21/1997 7:55:00 PM
From: HoodBuilder  Read Replies (1) of 5482
 
... this pullback is 100% related to options expiration.. the MM are killing the Nov 30s and making a handsome little profit on them..

Darin, in some cases this is true but the O/I in KLIC Nov 30's only represented +/- 60,000 shares of stock. Although we were down I don't think it was op ex related. I do agree however that we have a very good chance of being back at $32 by Monday afternoon and for that reason I bought more stock today at $30.
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