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Technology Stocks : Kulicke and Soffa
KLIC 57.64-2.6%2:39 PM EST

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To: HoodBuilder who wrote (2675)2/26/1998 8:13:00 PM
From: jtechkid  Read Replies (2) of 5482
 
again,i think their is 75% chance klic will miss next two quarters -estimates are way too high-i think they pre announce-VLSI just came out and said first quarter will be significantly below estimates 50%because of asia and inventory problem-the key they pre announce in january and said would be lower and its worse than even they thought double pre announce-klic a good short -i would not be shocked if they lost money in the third quarter-semi's are having problems and what the mkt worried about in the crash in october in reality is strarting to hit the bottom line-i don;t see a disaster but its getting worse week to weak and cycle will bottom minmum by september-no reason to bid these companies up-klic -can't rally-people loking to get a lot of stock -i see 18 before 30-i'm short the stock and own the march 25 puts at 7/8 its pre announcement time-march could get real ugly
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