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

To: john douglas who wrote (2442)	1/10/1998 5:29:00 PM
From: HoodBuilder	Read Replies (2) \| Respond to of 5482

FWIW, Josepthal was the first to downgrade KLIC earlier last year and now the first to upgrade it based on current price. KLIC was the largest persentage looser among the semi-equip stocks on Friday. If we don't totally implode on Monday I would bet we return to $18.00. If the market tanks and we revisit October we could see new lows, in that case I will buy more stock ($15.00 or less) and buy puts at the same strike. The street is valuing KLIC like they did 2 years ago when they had no business and the stock was trading at $9.00.