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

To: scott_jiminez who wrote (4054)	8/4/2000 5:54:56 PM
From: Red Dragon	Respond to of 5482

I've never said insider buying was critical. Insider buying is, indeed, often an excellent prognosticator. However, you often don't see it, because all the insiders already hold huge amounts in options, etc. In other words, if you see insider buying, great, but if you don't see it, it doesn't mean anything. The great stocks of the 90s like MSFT and Cisco had very little insider buying on the open market, because everyone held huge positions with options, etc. The lack of insider buying certainly did not portend doom for these stocks. All I've said is that heavy insider selling is one of the better signals a top is approaching for cyclical stocks. The absence of insider selling, such as the period you mentioned, suggests a top is not near. Obviously, no indicator is perfect. Folks, am I not writing clearly? Or is Scott just on the warpath?

To: scott_jiminez who wrote (4054)	8/4/2000 5:56:01 PM
From: scott_jiminez	Read Replies (2) \| Respond to of 5482

Revenues: (in millions) Year Q1 Q2 Q3 Q4 1998 123 120 92 76 1999 61 73 111 153 2000 180 222 268 These data make my point PRECISELY. There's no way the company could sustain the rate of revenue growth seen in the recovery quarters of 1999. The company could have revenues of over $1 billion this year which would roughly double the company's previous best year. So, a slowing RATE of revenue growth. Yes. DUH! A sustainable rate of growth with cash piling up. Yes. And with the non-bonder (HIGHER MARGIN) businesses coming on line, there are clearly additional avenues in the near future for revenue enhancement. You are only writing clearly enough to the extent that your point is so narrow - and certainly NOT a generalizable indicator (TER had insider selling over 2 years prior to its fall) - so as to be unusable. The fact that you accused others of 'confusion' about the revenue numbers is a reflection that it's YOU, not others, who fails to fathom contrasting views. Do you understand THIS post or need I explain it as well. Warpath? Sheesh. How about frustration!