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


To: HoodBuilder who wrote (2375)12/17/1997 6:07:00 PM
From: privatesmith  Read Replies (1) | Respond to of 5482
 
Your words...<<To All KLIC Fans, word has it that the company has scheduled a conference call for Friday A.M. No doubt a damage control move.>> One's compelled to ask, "If there's a scheduled conference call, based on the way things have gone lately, what makes one think there's not more push-out, delays or other bad news?" Personally, I want your expression of hope to be correct but I'm not betting on it with my money as it seems in this environment bad news sires a continuing stream of more of the same.



To: HoodBuilder who wrote (2375)12/17/1997 6:08:00 PM
From: Thomas Babb  Respond to of 5482
 
Michael do you have the # for the CC? TIA



To: HoodBuilder who wrote (2375)12/18/1997 12:05:00 PM
From: semi engineer  Read Replies (1) | Respond to of 5482
 
KLIC bulls

I would be very cautious with KLIC now. IMHO, tomorrow conference may not be upbeat conference as many of you believe. I talked to my contact in Anam and he has confirmed that Anam/Amkor will not be cutting any work force but they will significantly slow down assembly capital spending for next six(6) months to fund their wafer fab venture.

Also, today, the opposition candidate won Korean Presidential Election. He is the moron that said publicly he will renegotiate IMF terms and caused Korean Won to fall 35% in one week. IMO, Korea stock exchange will sell-off and Korean currency to take a hit tonite due to election result and the U.S. high tech stocks may be impacted tomorrow as weaker Korean currency will force Korea three major semiconductor companies to curtail the capital spending more.