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Technology Stocks : Kulicke and Soffa
KLIC 55.32+2.5%Jan 9 9:30 AM EST

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To: bob oserin who wrote (2374)12/17/1997 4:28:00 PM
From: HoodBuilder  Read Replies (3) of 5482
 
To All KLIC Fans, word has it that the company has scheduled a conference call for Friday A.M. No doubt a damage control move.
Let's hope that someone picked up the pushed out order and KLIC's
gonna tell the world that semi equipment is NOT dead.

Today's price action was very encouraging. There were numerous 10K
blocks traded at the offer late in the day even though the SOX was falling and other techs were experiencing profit taking.

For those keeping track of my portfolio moves, especially my friend Mr. Alsberger, I sold all of my Jan 25 Puts, all of my Jan 22.5 Puts
and bought Jan 25 Calls. I still own all of my stock and I'm hopeful
that Friday's call will lift us somewhere into the low $20's which should set up a return to the mid $20's by virtue of the January effect. Just in case I'm wrong I bought some Jan 15 Puts real cheap.

For those of you familiar with SFAM (Don D.) that stock bottomed at $19.xx and closed today ahead of earnings @ $25.00. If KLIC can stage a similar 25% move we should all be very happy.

Happy Investing!
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