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

To: Carmine Cammarosano who wrote (2515)	1/24/1998 1:57:00 PM
From: HoodBuilder	Read Replies (2) \| Respond to of 5482

As a stock holder I keep asking yself the following question. . . If the stock was worth $18.00 when the company was expected to earn $1.90/share for the year and after this quarter's earnings were reported and the company again guided the street downward for the coming year, why is the stock worth $19.75/share now that the company expects to earn $1.30/share? Am I missing something here people? Don't get me wrong, I like this company but wouldn't common sense dictate that this stock should be trading 30% lower than it was last week? I'm sure someone is going to use the "oversold arguement" and current price is indicative of future estimated earnings, but how do you account for the stock trading at $58.00 in August and earnings estimated at $2.80/share. This all leads me to only one logical conclusion. Wall Steet has it's head up it's a**!