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Technology Stocks : Kulicke and Soffa -- Ignore unavailable to you. Want to Upgrade?

To: w0z who wrote (4041)	8/4/2000 8:18:22 AM
From: scott_jiminez	Respond to of 5482

Crystal just posted the new data from FirstCall - messages.yahoo.com Lets see now, the FY2000 estimate was revised down by 2%. The FY2001 was revised down by 4%. Obviously this should lead to a 25% decline in the stock price.... Which, of course leads us to the following: Klic currently has an implied PE of 8.3 for projected FY2000 earnings and an implied PE of 5.8 for projected FY2001 earnings. Klic has a PEG of 0.45. These data clearly suggest the company is about to become a water utility. To Bill - For now, it may appear they were correct, but I'm betting my money that we are seeing only a blip in the upward advance. You nailed it. There have been a number of folks here and on Yahoo who have heaped praise on those who predicted this swoon 2-3 months ago. These commendations are rarely framed in the words 'for now' but rather imply some insight to the nature of this cycle. Like a stuck clock, these prognostications will be correct, by definition, on occasion.