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

To: Donald L. Dominicci who wrote (2399)	12/19/1997 1:57:00 AM
From: semi engineer	Read Replies (2) \| Respond to of 5482

Don As you know, I have been a major KLIC bull since early this year. Now, I am leaning toward neutral to mild bear on KLIC next two months and extremely bearish on all wafer fab equipments next few months. I think there is simply too much uncertainty in Korea to invest any semi equipment stocks. The party who just won the presidency are very militant and they need to prove themselves to Korea and World Investment community that they are not radicals and it will take more than few weeks to do convince investment and business community. Theses people have been demonstrators most of their life and I doubt that they are able to put a cohesive recovery plan soon. Until they prove themselves to business community, many Korean companies will be extremely cautious about spending any $ on any additional capital. They will invest to survive, not invest to have a leading technology. Korean market is behaving relatively well(not down) since Mr. Kim(President elect) has indicated that he will abide by IMF condition but this may be very short lived thing since Won(Korean currency) has lost 11% tonight. I too have lost significant capital during lost two months and thinking to go short weaker semiequipment stocks. Any suggestion?