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Technology Stocks : KLA-Tencor Corporation (KLAC) -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (1093)4/3/1998 9:55:00 PM
From: Ian@SI  Read Replies (2) | Respond to of 1779
 
Opie,

In what price range would you consider covering?

Kla Tencor Corporation (KLAC)

Patience may pay off for insiders at KLA TENCOR CORP who have held onto or increased their stock positions since late last year, as analysts see a turnaround for the semiconductor-equipment
manufacturing industry. According to the latest information from CDA/Investnet, a database that tracks stock sales and purchases by corporate insiders, several KLA executives boosted their stakes in the
company by exercising options last November. BT Alex Brown analyst Byron Walker described the recent rise in KLA's stock price as indicative of "investors not wanting to miss a historic stock
appreciation when this cycle turns." "This is the dawn of a new cycle," said Hambrecht & Quist analyst Gus Richard. (Reuters 09:52 AM ET 04/03/98)