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Technology Stocks : Kulicke and Soffa
KLIC 46.72+0.6%Dec 26 3:59 PM EST

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To: Dr. Ronald Peter Hellendall who wrote (2752)3/23/1998 10:06:00 AM
From: Bob L  Read Replies (2) of 5482
 
Very interesting. Now the question that always remains is why? Is the market inefficient, in the sense that it is not allocating resources correctly among the companies (due to incomplete information flow or emotional investment decisions)? Or does the market know something that the PE does not show? Or is KLIC just "undervalued" as we all hope?
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