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Technology Stocks : Kulicke and Soffa
KLIC 46.45+0.2%Dec 24 12:59 PM EST

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To: Dr. Bob who wrote (2814)4/2/1998 9:50:00 PM
From: HoodBuilder  Read Replies (1) of 5482
 
I'm with you Dr. White. Everything you said IMHO is 100% correct.
I may be wrong but isn't the 8060 an Intel specific bonder? If so
and it was INTC that cancelled, look out below.

I DO NOT believe this is an isolated incident, there will be more to come and if the stock moves up on this news it would appear to be an opportunity to exit one's long position. I don't know if I want to own a stock that continues to rise on bad news. I believe with this announcement you could see this year's earnings at <&1.00/share, if that is true based on the recent P/E multiple this stock could get cut in half.

Good luck to ALL, Longs and Shorts. . .May everyone make $
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