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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: Mark Oliver who wrote (4544)1/22/1998 4:23:00 PM
From: Mason Barge  Respond to of 10921
 
Yahhh! I had a GTC @ 20 on mine and I took it off and raised it to 21 1/2. Who can explain the stock market? Now I've got a position.

All I can say is that both the fundamentals and technical charts show that it ought to drift higher in the next couple of weeks, unless the sector tanks. COHU hit 42 just before closing and I went short, so I hope it comes down as KLIC comes up. Time will tell, but that's my theory.



To: Mark Oliver who wrote (4544)1/22/1998 10:00:00 PM
From: HoodBuilder  Read Replies (2) | Respond to of 10921
 
Check my posts on the KLIC thread. KLIC's performance is indicative of pepole reacting to the number but not listening to the C.C. The estimate was twice revised down from $.58, they beat the revision but warned that future quarters would be flat and the current quarter wouldn't come near .$47/share.

The SOES bid it up based on the number, the Big Boys sold into the strength and IMHO we go lower. $16 has been support and I've bought enough Puts to feel confident that we get there. BTW I'm long the stock and will continue to hold until the next up cycle while writing covered calls.