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


To: HoodBuilder who wrote (2250)12/3/1997 9:13:00 PM
From: Rodney Lockhart  Read Replies (1) | Respond to of 5482
 
Michael,

I agree with you about KLIC. In a month they should report earnings with a strong upside surprise... given that the new 1488s order ships and wasn't in the plan. If Scott gives the analysts some indication of a strong 2nd quarter, we could be off to the races again.

Some institutions might sort this out for themselves and start buying.
I have added to my position with 3 separate buys in the last week.

KLIC is selling at 10 times forward earnings.... that leaves alot of headroom for a move up.