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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: XBrit who wrote (98076)7/27/2002 5:25:05 PM
From: Zeev Hed  Respond to of 99280
 
You may be right about KLIC, their stated book value includes almost 50% intangibles and goodwill and they have some serious debt as well, not as pristine a balance sheet as they used to have. Thus a bottom valuation at net book is not too far from your target, I just don't think it going down their in a straight line.

Zeev