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Technology Stocks : Kulicke and Soffa
KLIC 59.13+4.5%3:08 PM EST

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To: HoodBuilder who wrote (2420)12/29/1997 12:17:00 PM
From: Donald L. Dominicci  Read Replies (1) of 5482
 
Mike I think that analyst comment that the good news- bad news -good news press releases are confusing the street. During the week of 12/8 they announced a pushout of an 8 Mil. Order by Hyundai, and then on 12/16 announce an 8 Mil order from Amkor/ Anam for their Philippines facility. Semi conductor demand is still increasing. If the Korean's are not equipped to assemble them, someone someplace else will. So I believe the overall impact on the stock is more than factored in to the current price. I am currently holding a ton of Apr 25s and Jul 15 calls hoping the Jan effect will help KLIC. I am sure we have had some major tax loss selling which will end tmmorow. Good Luck in 1998 Don
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