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

To: Sam Citron who wrote (4533)	11/5/2000 12:23:01 PM
From: Jerome	Read Replies (2) \| Respond to of 5482

>>KLIC is probably in a buy range, now.<< Perhaps or perhaps not. Why not wait until the dust settles for a few weeks prior to adding more KLIC? There are no hard and fast rules in today's market. This so called information waterfall gives immediate distortion to the price of any stock. If you really felt that KLIC was going to go to ll.6 to 10 and then to 8.5 , why not wait it out and do your buying at 8.5? My question would be what events or circumstances from this point onward would cause KLIC's price to appreciate? Its not going to be investor confidence, or beating lowered expectations, so something else will have to be a catalyst. A merger or buyout or at least some PR lessons for the management team, would be a good starting point. Regards, Jerome

To: Sam Citron who wrote (4533)	11/5/2000 7:12:46 PM
From: Cary Salsberg	Respond to of 5482

Sam, I have small buy orders in for EGLS at $12 and COHU at $10. I don't expect to get them. When Datek allows me to sell puts, I will close my orders and sell puts. I don't have specific price targets for KLIC, but I would not pay too much more than book. I think that buying at this time at close to cycle bottom prices could benefit from a rally, but might require holding through the next down and up business cycles. I think the bottom of stock prices will correspond to order bottoms and individual company losses. I don't think a 6 month lead time is likely. Cary