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

To: Ian@SI who wrote (2820)	4/2/1998 10:47:00 PM
From: HoodBuilder	Read Replies (3) \| Respond to of 5482

Ian, Thanks for the correction. I'm sure glad it wasn't Intel that cancelled. Intel represents the largest share of KLIC's business and an order cancellation from them could mean disaster, NO? You maybe right about this clearing the air but I'm still cautious. I look at all the money I've made and lost in KLIC by trading it and then I look at the stocks that just keep going up. I am now finally asking myself why I continually take this roller coaster ride. One example is my SGP...up 500% since I bought it in 1994. Look at equal investments in KLIC over the same time frame on a buy and hold basis and I must be nuts. I guess my computer is closer than the casino!

To: Ian@SI who wrote (2820)	4/3/1998 6:53:00 AM
From: Dr. Bob	Read Replies (1) \| Respond to of 5482

I don't think Intel is out of the question - they just delayed a plant in Texas and may be rethinking a number of other capital expenditures. They haven't yet revised their estimated capex budget for 1998 publicly, but it could be coming - and if it does, this semi equipt rally is dead meat for a few months. The DRAM makers are sticking at 64K for now - very little activity announced on the 256K front, and little demand. 300mm wafer plants - a few pilot lines only, with a full equipt set still unresolved. 18 and 13 line widths, same story. Maybe they've taken a time out in the "No Limit Poker Game" because no one has enough money to raise the ante, and the recovery, instead of late 1998, will be sometime in 1999 - and no one is quite sure of that. Visibility, which was thought to be pretty good for the end of this year, is now getting foggy again. All IMO - and I've been very wrong before! Bob

To: Ian@SI who wrote (2820)	4/3/1998 3:13:00 PM
From: HoodBuilder	Respond to of 5482

I guess it is INTEL ... Kulicke shares off after earnings warning NEW YORK, April 3 (Reuters) - Shares of Kulicke & Soffa Industries Inc. fell 11 percent Friday in the first activity after the company's warning it would post a loss in its fiscal third quarter ending in June. In a statement late Thursday, Kulicke & Soffa said an order cancellation from a major customer was to blame for the expected loss. It did not name the customer but company filings and previous statements pointed to Intel Corp. (INTC - news). Kulicke has yet to report earnings for its quarter ended in March. The First Call consensus estimate calls for the company to earn $0.33 per share versus $0.46 a year ago. For the June quarter, Wall Street analysts had expected Kulicke to earn $0.36 per share, down from $0.62 last year. In mid-afternoon activity, shares of Kulicke & Soffa were trading at 21-3/16, down 2-9/16 for the session.