SI
SI
discoversearch

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: Stoctrash who wrote (3605)1/6/2000 5:24:00 PM
From: Rarebird  Read Replies (1) | Respond to of 5482
 
As you know, I'm as Bearish as can be and called this move in the QQQ Monday evening.

KLIC is a different story. The story here is great fundamentals. KLIC is executing almost to perfection here. Earnings here are coming in 30% greater than First Call Estimates. Orders are real strong.

If we weren't having a massive sell off in the tech sector, this stock would be in the 50's already.

The Smart Money knows the great fundamental story here and will not be shaken out of this stock. This stock is presently being massively accumulated and will rise to the 55-60 level when the tech sector enters a bear market rally. Yahoo, Lucent, EBAY and AMAZON are finished. But the move in KLIC is far from over.

You can take that to the bank!




To: Stoctrash who wrote (3605)1/6/2000 5:41:00 PM
From: Rarebird  Read Replies (2) | Respond to of 5482
 
KLIC is undervalued for a number of reasons:
(a) The dominant Market Leader in its technology
(b) Very Low forward P.E. and P.S. ratios
(c) The Relative Valuation with its peers is at its lowest level in the history of KLIC.
(d) In contrast to its competitors, KLIC has no capacity constraints.

PS KLIC is trading at 46 on Island at the moment.