Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (11726)	10/15/2004 8:09:29 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Chip gear maker Kulicke sees business trough in '05 Fri Oct 15, 2004 01:51 AM ET HSINCHU, Taiwan, Oct 15 (Reuters) - U.S. microchip equipment maker Kulicke & Soffa Industries Inc. (KLIC.O: Quote, Profile, Research) expects its business to hit a trough in 2005 after shipments scaled a peak in the quarter from January to March, its chief executive said. The maker of wirebonders, which help connect microchips to circuit boards, has been a leading indicator of peaks and troughs in the highly cyclical chip business and the current sector slowdown was more than a temporary pileup of unwanted inventory, CEO Scott Kulicke said. "We believe we have seen a cyclical peak. In fact, we think we are getting remarkably close to a cyclical trough," Kulicke told Reuters in an interview on Friday. "We'll hit a trough sometime in '05," if the current cycle follows the same pattern as historical ups and downs, he said.