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

To: Robert Fisher who wrote (1919)	10/29/1997 5:10:00 PM
From: semi engineer	Read Replies (2) \| Respond to of 5482

I think KLIC will trade between $25 and $35 until the market stabilizes. IMHO, this is a great stock but I will trade until the up pattern resume again. I am holding Nov. DELL and NVLS puts to hedge against another sell off. As I indicated before, I think this is much stock to hold than Fab equipment companies. Intel is a first company to announce reduction in capital spending. But this violent reaction of stock market and short term earning problem will have companies review about their capital spending plan and it may show very poor BoB for next few months.