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

To: Donald L. Dominicci who wrote (2595)	2/12/1998 12:20:00 AM
From: Gil Gilbertson	Read Replies (2) \| Respond to of 5482

There is a big supply waiting at 30, thats where it broke down bigtime.. I guess it will take a while to work thru unless there is a buyout....Selling some March 30 calls seems reasonable...Gil

To: Donald L. Dominicci who wrote (2595)	2/12/1998 9:20:00 PM
From: HoodBuilder	Read Replies (3) \| Respond to of 5482

Don, You are one of the few that can appreciate my story. I have always been the ultimate KLIC Bull but of late my investigations have proven of no use on the Street of Dreams. I learned that many KLIC suppliers are sitting on parts, daily unit volume is down, Korea is dead and the next 6 months remains a giant question mark. Every semi equip company has reported earnings in line or exceeding expectation for the most part but has WARNED for the coming quarters. All of the above factors led me to draw the ridiculous conclusion that these companies,KLIC included have a high probability of not hitting estimates for the next few quarters. I must be a stone cold moron to think that if a company can't hit numbers the stock will go down. Of course, if a company looses money or earnings decline the stock should go up, right? What the hell am I missing. Just because something is cheap do you buy it? I guess so. Did anyone ever stop to think why these stocks were cheap? I give up! As I posted earlier I have re-positioned my portfolio and will now look for more reasonable returns. Still holding KLIC, 1000 long and 2100 covered with July 15 Calls! BTW, my contrarian indicator seems to only be unique to KLIC. Since I bought CPQ, F, SVRN, and MRK they are all up and I sleep a lot better at night. Oh, and how I arrived at those stocks... I have a Compaq Computer, I drive a Ford Expedition, I race a Ford Mustang, Sovereign bank has financed my real estate investments, and somewhere in my medicine cabinet I must have at least one Merck drug. How many turbo ball bonders do you have in your garage?