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

To: Douglas V. Fant who wrote (2903)	5/29/1998 5:23:00 PM
From: HoodBuilder	Read Replies (1) \| Respond to of 5482

Doug IMHO bottom fishing in this semi equipment market will load you boat with a lot of garbage. We are far from the bottom of this cycle and the poor suckers that bought into NVLS yeasterday are in for a reall fall.

To: Douglas V. Fant who wrote (2903)	5/29/1998 5:53:00 PM
From: Michael Ohlendorf	Respond to of 5482

Douglas: Good Luck !! Bought at 31 and thought that was low after the stock was already down quite a lot from 50 + . Sold at 21 1/2 recently with a loss that would have been bigger if I had not written some covered calls. Also think this down cycle is way from over. They announced they will lose money this quarter and the future is quite dark. Now it even looks like the second half will not bring the expected upswing for the Semis. I expect some further downward pressure and would bet it sees 15 before it goes up again. Also Intel just announced it will delay the Merced by 6 months. Also the company will be sued by the DOJ in the next two weeks.

To: Douglas V. Fant who wrote (2903)	5/29/1998 8:26:00 PM
From: shane forbes	Read Replies (1) \| Respond to of 5482

Doug: 17 3/8 is not a bad price. You should easily see a double in 2 years from this price. But be prepared for i/t weakness. The market is only just beginning to give up on the bigger boys now (ABOUT TIME) and invariably the smaller boys and girls, even though they have fallen quite a bit, this being a cruel unfair world, will fall some more. KLIC should go no lower than 10 this time around and maybe realistically 11-13 should be the low. You may get a n/t bounce but the blood is only 30% of the way there with the semi-equips - I would do no more than average in cautiously at this point. Eventually the 16-18 support will give away and then the stock will fall fast to what ought to be the low range of 11-13. Shane.