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Technology Stocks : KLA-Tencor Corporation (KLAC)
KLAC 1,568+1.5%Jan 16 9:30 AM EST

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To: John Wang who wrote (860)12/20/1997 11:48:00 AM
From: Narotham Reddy  Read Replies (1) of 1779
 
Latest Business Week touts KLA Tencor

Business Week, December 29, 1997

Don't Hightail it out of high tech

"So where are professionals tech investors placing their bets
entering 1998? One favourite sector is the much maligned semiconductor
capital equipment group. Stock in this sector are being hit hard because of the Asia buys a large portion of the world's semiconductor capital equipment.

But one company that will avoid the carnage is KLA Tencor Corp., a company that specializes in inspecting silicon wafers for damage.
Wick thinks that KLA Tencor has a technological edge that will boost profits more than 30% in 1998. Its stocks, meanwhile, has plummeted 55% since its August high of 76 7/8, resulting in a below-market price-earnings multiple of 12 times his 1998 earnings estimate".


Narotham
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