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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: 16yearcycle who wrote (39108)11/3/2000 9:15:18 AM
From: BWAC  Respond to of 70976
 
<if we all pool our money and buy it, KLIC >

Better yet how about we pool all our efforts and convince KLIC to seek a buyout by a larger more diversified company. I klicked buy on KLIC at $15ish, so I won't have much to put in the pool. Of course as the price goes down I may have to find some way to buy more.

At $10 it is a $500 Million market cap company. They just bought and paid $250 Million cash for CerProbe. So I calculate that KLIC itself will be valued at $250 Million or so today. Good grief. Time to buy and ignore until $40 in 2 years.

Seriously I cannot understand why KLIC is still an independent company. Just about any other semi-equip company could buy it for 3x the price and still make an accretive acquisition. But just watch the sellers sell on.