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To: Dr. Bob who wrote (2814)4/2/1998 9:49:00 PM
From: Carmine Cammarosano  Respond to of 5482
 
Robert, do you remember this past fall when I predicted KLIC would go down to near book value ~$13-$14(KLIC was @ ~$30)...I got lots of responses telling me it would not happen...well we know it went to ~$16(as far as I am concerned, I was close enough to be right)...well I would now like to say that KLIC is trading at low enough values that I suspect it will not go below $20...why? Well we are not at $50 anymore, we are not at $40 anymore, we are not even at $30 any more....we are at $24 and only 1X sales, that's why! Just my prediction!



To: Dr. Bob who wrote (2814)4/2/1998 9:50:00 PM
From: HoodBuilder  Read Replies (1) | Respond to of 5482
 
I'm with you Dr. White. Everything you said IMHO is 100% correct.
I may be wrong but isn't the 8060 an Intel specific bonder? If so
and it was INTC that cancelled, look out below.

I DO NOT believe this is an isolated incident, there will be more to come and if the stock moves up on this news it would appear to be an opportunity to exit one's long position. I don't know if I want to own a stock that continues to rise on bad news. I believe with this announcement you could see this year's earnings at <&1.00/share, if that is true based on the recent P/E multiple this stock could get cut in half.

Good luck to ALL, Longs and Shorts. . .May everyone make $



To: Dr. Bob who wrote (2814)4/2/1998 10:02:00 PM
From: John Sikora  Respond to of 5482
 
RDW,

This is a severe announcement...If the market chooses to push the stock up on this news... I'll be happy take the opportunity and get some PUTS...IMO this rally is suspect in the equips...Certain Asian economies have virtually melted down and IMO will take some time to recover.

john