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


To: Rodney Lockhart who wrote (2120)11/16/1997 9:44:00 PM
From: Douglas V. Fant  Respond to of 5482
 
Rodney,

KLIC has probably seen its short-term bottom as has the Dow @ 7400. Nikkei up 1,000 points (!) tonight, Saddam "Insane" has just pledged a diplomatic solution to the UN inspector issue, and the Globex Futures in S&P500 and NASDAQ100 up fairly strongly too.

And I do not know if anyone else has noticed this but the huge Comdex Show opens in Las Vegas tomorrow morning, Strangely every year there seems to be a rally in tech stocks following the Comdex show. So I'm guessing that KLIC will adjust up its trading range a bit from here....

Now if you want wildly whipping stocks, come check out the Internet stocks with me. Ten percent daily moves (both up and down!) are not that uncommon.... Myself I hold KLIC long term from my purchase here and just sell calls and buy puts if the Spirit moves me....

Sincerely,

Doug F.