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

To: Proud_Infidel who wrote (4521)	11/4/2000 6:45:40 AM
From: scott_jiminez	Read Replies (1) \| Respond to of 5482

Strange, Brian, how you quote and cite analysts when they convey something you like....and then call them every nasty name in the book when they belittle your beloved AMAT (or the sector as a whole). If Billat would have stated that Klic is a harbinger for the industry a) you would have never posted it on this thread and b) you would have noted countless reasons why she's an idiot. You're a class A hypocrite, Brian. You have neither credibility nor objectivity when it comes to AMAT OR KLIC (or, for that matter, when it comes to judging the health of the sector as a whole). Your cheerleading for all things equipment has continued unabated during the last 6 months...yet the average stock in the sector has lost over 50% in this period! BTW, this is the same Sue Billat who spoke quite favorably about KNS a couple weeks back...especially in regards to the CerProbe purchase.

To: Proud_Infidel who wrote (4521)	11/5/2000 11:21:00 AM
From: Red Dragon	Read Replies (1) \| Respond to of 5482

Several points to make... First of all, it's nice not to be Scott's only whipping boy anymore :-0 Scott has used the word "hubris" a lot recently, but remember, this means arrogance leading to one's downfall. While this is a perfect word to describe certain SI members, I object to that word being used for myself, since virtually every prediction I have made about KLIC has come true: Message 14435552 Yes, my posts carry more than their fair share of arrogance - but at least I've backed it up with results. Part of the reason I'm posting this is to apologize to the new readers on this thread for the tone of my posts. You have to understand that I posted numerous cautious remarks about KLIC - including calling the top - in April and May (see above link), and I was absolutely vilified and called every name in the book. So yeah, I'm rubbing it in a little. Sorry about that, can't resist it. Okay, let's get back to some discussion: (1) Brian, your post I am responding to is absolutely correct. KLIC investors need to understand that this company is somewhat unique among the semis for this reason. It is reflected in the share price, which tends to be one of the last to move up and one of the first to move down. (2) My point in initiating discussion on the shareholder lawsuit was not so much for investors to recover some money, but to teach Mr. Kulicke to be more responsible with his guidance and avoid reckless proclamations. He has now misled investors over the last 2 cycle tops. Luckily, I ignored him this time. (3) Finally, I share the opinion of others that it would be reasonable to consider looking for reentry points for long term patient investors. It will probably take 1-3 years before the next sustained uptrend, but I'm going to be looking to nibble and accumulate over the next several months. It will languish for quite some time, but downside risk is probably limited to no worse than $8-$9 or so, and the upside potential should be at least $30-$40 at the next top. The major risk now is opportunity cost of having your money languish in KLIC for awhile. But the upside potential is very attractive.