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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (3698)11/6/2000 3:52:33 PM
From: Jerry Olson  Read Replies (1) | Respond to of 8925
 
Live Headline
06-Nov-00
15:06 ET Kulicke & Soffa (KLIC) 11 25/32 +1/32 ( -0.3%): After listening to company's conference call, Merrill Lynch lowering its calendar 2000 earnings estimate by 27% to $1.68 and slashing its calendar 20001 view by almost 91% to $0.25 (from $2.65). KLIC explained in the call that larger Asian subcontractors pushed out shipments from the current quarter and continued to delay new orders.


VERY NEGATIVE FOR THE SEMIS...it's getting worse before it gets better...