Kulicke and Soffa Message Board

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Technology Stocks : Kulicke and Soffa

KLIC 57.62

+0.2%

2:46 PM EST

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To: HoodBuilder who wrote (2458)	1/13/1998 9:28:00 PM
From: HoodBuilder	Read Replies (1) of 5482

T/A on KLIC. . . For those that follow point and figure charting, KLIC will see a double double top at $21 and based on the tech rally that I hope started today and with INTC will continue for a while we may approach $21 in a matter of days. I believe that if we near the DT level we'll see a pull back to $19 and then with some strength and maybe a decent forward statement at earning release we'll break above the $21 level on our way to further upside. I'm not getting too optimistic here as the market has been nuts (pun intended) but maybe the 25 year old fund managers are actually going to buy into the fact that the Asian Flu will not totally cripple the tech sector just rain on it for a while. Happy Investing and let's hope that Tom Kurlack sleeps in tomorrow.

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