Message Font: Serif | Sans-Serif
No. of Recommendations: 0
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.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.