It's been pretty quiet here, so I though I'd post something positive.One of the technology stock newsletters has been watching KLAC for some time and just issued a "buy" warning for KLAC below $50/sh. Lots of good verbiage supporting an increase in future valuation, mainly compound revenue growth of 27% over the last five years, and expected 23% to 25% growth going forward.Semiconductor manufacturers need the productivity tools KLAC sells. With the move to new chip technology, KLA-Tencor is very well positioned to profit.Personally, I'm going to watch for some technical indication that the stock might have bottomed before jumping in but I will be purchasing KLAC at some point.Cheers, Rick
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