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

To: HoodBuilder who wrote (2432)	1/5/1998 9:00:00 PM
From: DZOO	Respond to of 5482

More good news "after the bell"...http://techweb.cmp.com/sbn/stories/8a05inte.htm

To: HoodBuilder who wrote (2432)	1/7/1998 9:20:00 PM
From: HoodBuilder	Respond to of 5482

Observation 1/7/97 It appears as if the Sellers are once again drying up. I use P&F charting for tech analysis and if we hold $18.50 which is a technical support we may experience the reversal pattern and rise to the $22 or $23 range before the possibility of another orderly reversal to the downside. Fundamentally I feel that INTC may lift the market next week but I have reservations concerning their forward statement regarding reduced ASP's, tighter margins and low priced P/C competition. It's no secret that they're a very large part of KLIC's biz and if they paint a healthy picture it should fuel the rise. I resisted selling my Jan 20 Calls today however if we rise to the $23 level I will cover my shares with Feb 25 or 22.5 Calls which based on volatility should have healthy premiums.