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

To: HoodBuilder who wrote (2507)1/23/1998 12:52:00 PM
From: Carmine Cammarosano  Read Replies (1) | Respond to of 5482
 
Brief: Group took a beating amid renewed concerns over Asia... Kulicke & Soffa fell 1
point despite beating estimates by 38.1%... Company reported a gain of $0.29 on a sharp
jump in revenues... Also noted that it expects to protect profitability over the near-term
despite Asia... Briefing expects stock to recover in the days ahead and fill gap resistance at
24 5/16..



To: HoodBuilder who wrote (2507)1/24/1998 9:35:00 AM
From: Rodney Lockhart  Read Replies (2) | Respond to of 5482
 
Michael,

Last quarter KLIC warned, then Scott said the stock was oversold and it rallied back into the low $30s, then they warned again. Talk about your flip flop!

I think they are going to play it conservative for a while. That's why the flat earnings forecast.



To: HoodBuilder who wrote (2507)1/24/1998 12:18:00 PM
From: Richard Chow  Respond to of 5482
 
Thanks, Michael!


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