Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: BearBull who wrote (3711)	12/11/1997 10:29:00 AM
From: Q.	Read Replies (1) \| Respond to of 10921

thread: KLIC reported this morning it is experiencing Korean pushouts (rescheduling to later quarters). This comes only a week or so after announcing a big Korean order. A couple of weeks ago I called their IR and they told me they were on track to meet estimates for the Dec. quarter and that they had experienced no indications of pushouts. KLIC says it won't meet estimates for the Dec. quarter due to this. This killed KLIC's stock today, down from 25 to 18 - setting a new 52 week low, although still a lot better than the July 1996 price around $10. I think it's just a matter of time before we learn of Korean pushouts at other semi equip vendors. I wonder if KLIC got hit first due to shorter lead times?