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Technology Stocks : Good story with KTCC?
KTCC 2.560-7.4%Dec 23 3:55 PM EST

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To: Judy Cohen who wrote (66)12/2/1997 4:29:00 AM
From: Kevin Hay  Read Replies (1) of 69
 
re: [Would you buy now at $4.50?]

Judy, it's been a while since I've checked this thread.
The short answer, no. The short version of the long
answer is that they are lowering prices faster than they
are gaining market share.

Also, since they have asian competitors I would guess
that the Asian contagion is bad news for KTCC.

Also, Piper Jaffray, which had been a long time KTCC bull
lowered its rating on this some time ago.

I'm more into buying high and selling low, so beware of
my opinion, especially on this stock, which really hurt me
this year. When I got in, there were years of history that
showed this stock doesn't stay under 6 for a whole quarter.
Under 5 and I wasn't feeling well. Approaching 4 I had to
conclude I'd made a bonafide mistake. I got out at ~5 and
have since made some money on UIS and AMTX. I just
got some VLSI and am thinking about getting more.

I'm betting on communications and NT related companies now.
I feel like I was lazy for playing KTCC and have been punished
for this.

So it would be just like life to have the stock run up to 8 tomorrow.
I hope for you longs out there it does.

Cheers,
-Kevin
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