Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rodney Lockhart who wrote (2523)	1/27/1998 2:13:00 AM
From: Beachside Bill	Read Replies (1) \| Respond to of 5482

Rodney, I did not listen to the CC so I can't help you with the clarification. The only statement I saw was from the Business Wire article stating that due to bookings in Dec. and higher margins on the 8000 wire bonders that the near-term profit should be protected. biz.yahoo.com I basically follow technical indicators for short-term investing. IMO, KLIC broke the downtrend on Jan 21 with the SOX index and a test of the previous support, now resistance is in the cards. KLIC has had a positive move up from Jan.12 and it appears that profit taking for the day traders is at hand indicated by very near-term indicators (Stochastics, Commodity Channel Index, etc.) and that a upward movement may not begin until very late in the week. After a technical trend break I don't like exiting my position since I have missed runnups before playing the daily momentum indicators. Anyway, I know I didn't answer your question but I expect KLIC to make its move next week at the latest. Maybe another poster will give you the clarification you are requesting. Analyst - I don't trust them. They have their own long/short postion. Regards