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


To: Henry D who wrote (3281)4/27/1999 5:45:00 AM
From: klaus pluszynski  Read Replies (1) | Respond to of 5482
 
KLIC gets order for 100 bonders:

biz.yahoo.com

That's the second order announcement this month.



To: Henry D who wrote (3281)4/27/1999 9:44:00 AM
From: tdk  Respond to of 5482
 
Hi Thread:

I haven't posted in a while, however I have been following KLIC for over 6 years now and have close friends who work at the PA Headquarters. One of my friends let me know that KLIC is in the general Ramp-Up Phase now and they are trying to hire the people they just laid off 3-6 months ago. As we all know in this industry, things change overnight and KLIC is definitely in the beginning stages of the rebound. In fact, my friend has told me that he has never seen it this busy in the 5 years he has been with the company and that they are actually turning away business due to the shortage of manufacturing employees.

With regards to stock price - The 3rd and 4th quarters are going to be sequentially much better quarters - the thing to remember, however, is that the market prices 3-6 months in advance. I am looking at a $40-$50 Stock price some time in this period as word leaks of this turnaround.

In this world of internet stocks with stratospheric P/E's and bellwhether stocks such as CSCO, EMC, MSFT, DELL selling at fully valued levels IMHO, I think KLIC has alot of upside potential with very minimal downside risk. One has to remember though, not to get to greedy and to watch the stock closely when it is in it's rebound phase.

Thanks for your time and good luck to all...

tom