Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Ted The Technician who wrote (3419)	7/27/1999 2:52:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 5482

Ted, thanks for the link. Borgman specifically mentions KLIC... You mentioned Kulicke & Soffa (KLIC: news, msgs) to us once before. Borgman: Right. That's in the capital equipment sector. They make wire bonding equipment. They are on the packaging and assembly end of the semiconductor manufacturing process. When you take a little chip that is about a quarter of an inch on a side, you've got to bond these wires to it. Kulicke & Soffa makes the machines that do that.They're the leader in it, have the bulk of the market outside of Japan and tend to be cyclical, as most capital equipment companies are, but their orders have been accelerating rapidly the last couple of quarters as the semiconductor industry recovers. We expect them in the September quarter to return to profitability at about 20 cents, and we have them at fiscal year -- September is their fourth fiscal quarter -- for $1.30. The stock is around 24 -- still a very reasonable multiple. Except that Yahoo shows an expected earnings for the year ending Sep.'99 of -$0.56 and $1.34 for next year [2000]. I wonder how many will be fooled by Borgman's vague number. biz.yahoo.com G.