Kulicke and Soffa Message Board

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Technology Stocks : Kulicke and Soffa

KLIC 45.62

-0.3%

Dec 18 3:59 PM EST

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To: Douglas V. Fant who wrote (2903)	5/29/1998 8:26:00 PM
From: shane forbes	Read Replies (1) of 5482

Doug: 17 3/8 is not a bad price. You should easily see a double in 2 years from this price. But be prepared for i/t weakness. The market is only just beginning to give up on the bigger boys now (ABOUT TIME) and invariably the smaller boys and girls, even though they have fallen quite a bit, this being a cruel unfair world, will fall some more. KLIC should go no lower than 10 this time around and maybe realistically 11-13 should be the low. You may get a n/t bounce but the blood is only 30% of the way there with the semi-equips - I would do no more than average in cautiously at this point. Eventually the 16-18 support will give away and then the stock will fall fast to what ought to be the low range of 11-13. Shane.

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