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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Alan Smithee who wrote (2446)11/16/2001 3:29:21 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 23786
 
Bought DMED



To: Alan Smithee who wrote (2446)11/16/2001 9:09:24 PM
From: Lost1  Respond to of 23786
 
RESEARCH ALERT-CSFB widens Kulicke/Soffa loss view
NEW YORK, Nov 16 (Reuters) - Credit Suisse First Boston on Friday said it widened its fiscal year 2002 loss estimate for semiconductor equipment maker Kulicke & Soffa Industries Inc. (NasdaqNM:KLIC - news) to 40 cents a share from 18 cents a share.

The Willow Grove, Pennsylvania company on Thursday reported a fiscal fourth-quarter loss, hurt by the continuing slump in the chip industry as sales fell sharply.

Credit Suisse First Boston analyst John Pitzer called Kulicke & Soffa's results ``a mixed bag.''

Pitzer maintained his ``hold'' investment rating on the company.

``We feel a Hold rating is still appropriate as equipment has yet to find a bottom and recovery is likely to be weaker than expected,'' he said in a research note. ``However as utilizations improve by mid-2002, we believe that secular outsourcing trends could result in better than expected growth late next year as capacity needs accelerate,'' he added.

Shares of Kulicke & Soffa closed at $17.50 on Nasdaq on Thursday.



To: Alan Smithee who wrote (2446)11/16/2001 11:49:35 PM
From: Lost1  Respond to of 23786
 
IF 16.50 holds on KLIC we may want to consider the long side...that PO is UFB