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


To: Proud_Infidel who wrote (5190)5/20/2002 12:23:53 AM
From: Gottfried  Read Replies (1) | Respond to of 5482
 
Brian, S&P analyst reiterates KLIC 5-star rating

Kulicke&Soffa (KLIC): Reiterates 5 STARS (buy)Analyst: Richard Tortoriello

In its mid-quarter update, the company says it expects to hit the low end of the $130-$140 million June quarter sales range. There has been some slowing in orders as assembly purchases have gotten ahead of front-end capacity. Also, the shift to leading-edge Maxum product slower than expected, on cost issues. We note, though, that the company's guidance still represents a 20%-plus sales rise from the March quarter. Also, Applied Materials' 54% quarter-to-quarter order surge means the front-end is rapidly building capacity; the back end will have to follow. At 1X our calendar 2003 sales estimate, well below its 3X historical peaks, the stock is attractive.


copied from
S&P's Stock Picks and Pans
Friday May 17, 2002 (2:44 pm ET)

No link as I get this from Datek as a customer.

Gottfried