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

To: ncs who wrote (2588)	2/10/1998 4:32:00 PM
From: WTSherman	Read Replies (1) \| Respond to of 5482

I think that "irrational exuberance" may subside tomorrow!! Might be a good buy in point for KLIC. I took some quick profits right before the close today on KLIC and will buy back tomorrow after i hear the cc. This and IPEC seem way undervalued considering their long term prospects. After all, whether the Asians buy these products or not the market for chips, boards, etc., will continue to grow and somebody will build the plants to make them. There may be a few months lag, but, long term all of these companies will prosper, AMAT obviously included.

To: ncs who wrote (2588)	2/10/1998 8:08:00 PM
From: Michael Ohlendorf	Read Replies (1) \| Respond to of 5482

I think the chance is pretty good that we may see 31 even in the short term. The 25 resistance had been taken out impressively today. AMAT's earnings were higher than expected and the market will soon forget its forward looking cautioning when SEA is further stabilizing or moving ahead. The general market in the US and in Europe (watch SAP !) is looking as if it wants to move higher with MSFT ready to break 160 and INTC moving back to 90. So I am pretty optimistic and certainly will sleep well today.