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

To: Ian@SI who wrote (53132)	8/8/2011 4:55:14 PM
From: Jacob Snyder	2 Recommendations Respond to of 95383

Yes, KLIC is always skimpy with guidance. However, I was impressed by how resolutely they didn't answer all the analyst questions about the future. They didn't even say much about the current quarter. It felt different to me, more opaque than usual, although I can't find any specific excerpts from the CC to back this up. I remain bullish LT on KLIC. They are on track to eliminate LT debt this upcycle, even if the upcycle is now ending. Currently, they have 103M$ in LT debt (convertibles due 6/1/12), and 336M$ of cash. Dominating the copper transition, and adding growth markets in LED, is all very bullish for the LT future.