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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (29324)3/14/2006 9:05:03 AM
From: sixty2nds  Respond to of 95779
 
08:50 KLIC Kulicke & Soffa: Raising ests ahead of mid-qtr update - AmTech (10.43 ) -Update-

AmTech notes that KLIC will provide a mid-qtr update this Thursday, March 16 at 9:00am ET. They expect March qtr rev guidance to remain unchanged at $180 mln +/- 5%, down 21% Q/Q. Firm says that utilization rates and packaging pricing remains healthy, providing good business visibility. The firm also says last week's announcement on the completed divestiture of the Test business should result in higher margins as the test business was a substantial earnings drag. Firm is raising their FY06 (Sept) EPS est from $1.00 to $1.25 (consensus at $1.09) following the divestiture. They are raising their tgt to $15 from $13. Firm reits BUY rating on KLIC as one of their favorite small-cap semi equipment stock.