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

To: Richard Chow who wrote (2502)	1/22/1998 6:37:00 PM
From: HoodBuilder	Read Replies (2) \| Respond to of 5482

I don't watch money flow however I do have Level II NASDAQ and my comment was based on my having watched the stock for the entire day and observing MONT on the bid. BTW, he returned late in the afternoon to further support the stock. If Montgomery wasn't a major buyer today KLIC would have probably seen $17.00. Sooner or later Montgomery will have his fill and unless another large buyer steps up it's bye-bye city. Cowen did lower estimates at 12:40p.m. from $1.90 to $1.30 for this year. I would guess that $1.30 will be the consensus although I'll stick by my position about Morgan lowering the stock to a Neutral. As far as P/E. although it's not as relevant as $ to Sales the stock has typically traded in this range and the street was forcasting greater upside as evidenced by the "old" estimates of $1.90/sh.