Well done on your timing. I too have held KLIC three times, coming out ahead each time, once significantly. Not currently a holder but plan to buy in again. I expect earnings (announcing on 4/20) to be disappointing since chip manufacturers are not spending money. Also, they bought two chip probe businesses last year. Strategically they complement the chip-interconnect business but since they bought the companies last year they undoubtedly paid too much for them. Certainly with the high-tech business cycle way off the probe-test business will not be accretive to earnings anytime near as soon as KLIC had expected. Had they waited until this year they could have picked them up for far less then they did.Their chip-bonders are still top-notch though so as soon as the price of this stock settles in at what I expect to be its low ($9 to $10 I think) I will buy again.If it never gets that low I will have missed the opportunity. But I think it will, this is really a tough time, maybe the toughest ever, for high-tech and their supplier companies.
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