Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jerome who wrote (3038)	8/9/1998 8:41:00 PM
From: BWAC	Read Replies (2) \| Respond to of 5482

Jerome writes that " For now KLIC's balance sheet looks terrible, " The balance sheet looks great compared to the stock price. I see net assets which approximate closely to the market cap of KLIC. Book value is around 13. Very little debt. Good cash position. Now the income statement may start looking worse in coming quarters. But assuming you expect KLIC to continue in business and a turn around in semi equip oneday, then this is an extreme bargain price for the long term. Not to even mention the daily trading opportunities with limited downside risk.

To: Jerome who wrote (3038)	8/10/1998 10:50:00 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 5482

Jerome, Thanks for the wise words... will take them to heart... my comment about 1.2xbook in 1996 as reason to load up on KLIC being "simple minded" may be appropriate but not necessarily a personal attack... it is very simple minded... doesnt mean a simple mind produced the simplistic construct... like saying the last time the New England Patriots were in the Super Bowl they got shut out almost by Chicago Bears... so against GBPackers look for a shutout... world is a vastly difference place in 1998 than 1996 yes, equips are oversold... reason to buy at those lows in shorterm... my technical bear triangle was tested and did not break... I lost... I see this latest bounce off the bottom as a prelude to a wider bottom again at 14 for KLIC... we will see in a couple months I also believe a lot of PR has been spun recently about business recovering... putting best face on a near vanishing act... more like business is about to show a Labor Day blip up... the business is in wretched shape and likely to worsen... that is my opinion... easy to be right and lose money but thanks for the constructive comment / Jim Willie