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


To: scott_jiminez who wrote (4383)10/10/2000 7:52:57 PM
From: Donald Wennerstrom  Read Replies (2) | Respond to of 5482
 
Scott, your not doing so bad - look at the SOX-X, down 12 percent in the last 2 trading days. The rate of descent is increasing. During the last 2 days, the group of 33 is down 6 percent, while KLIC is only down 2 percent. At the close of the day, KLIC has a next year's PE of 5 with a PE/G of 0.31. Also, as of today, KLIC is in 9th place in terms of the lowest PE/G. CMOS occupies 1st place with a PE/G of 0.19 and a next year's PE of 4! 15 of the 33 stocks have next year PE's less than 10.

I don't know what is going to turn this train around, but right now the market is throwing the "baby out with the bath water". Like you say, might as well sit back with a little Black Label and watch the numbers go by.<gg>

Don W.