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Technology Stocks : Kulicke and Soffa
KLIC 57.55-2.8%3:59 PM EST
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To: NucTrader who wrote (2671)2/26/1998 5:45:00 AM
From: Michael Ohlendorf  Read Replies (2) of 5482
 
I predict a sharp upward move to 32. My reasoning: Market keeps pushing up against all odds ( a very funny day no profit taking downturn instead a further run up). Asia seems to recover (look at Hong Kong tonight). Equipment makers still languishing the trend. KLIC still remains one of the most undervalued stocks in the sector. NVLS has already started this breakout move. What makes the outlook for NVLS any better than for KLIC ? Is NVLS such a better company ? Another condition though seems to be that AMAT moves up too. The move up has to be sharp since we were sitting while everybody else was running.
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