Kulicke and Soffa Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Kulicke and Soffa

KLIC 46.29

-0.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dr. Ronald Peter Hellendall who wrote (2748)	3/21/1998 12:46:00 PM
From: ncs	Read Replies (1) of 5482

The PE can be expected to be somewhat lower as the earnings for 1998 are forecasted (estimated) to be less 1997, hence it will not command a growth stock multiple. I think the PE ranged somewhere between 4 and 40 over the past five years, which gives credence to the notion that this is a volitile stock. My supposition that the stock may yet go farther down is due to its lack of current following with the funds managers. Few funds managers want this stock on their roster at the end of the quarter. I bought it in December at 17.875 and sold it a couple of weeks ago at 25 as I had a stop loss on it. I intend to buy some more in the near future, if it stays at these levels, once I can free up some cash. With the next upswing in the sector it will hit 50 or better, IMO. The next upswing is scheduled to take place once the Asian crisis is resolved. But I think that will get worse before it gets better. Neil

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next