hi bunky
Well I dipped my foot in a few days too early but I'm
bullish on the sector and will continue to add. Most of the
chip campanies have forecssted strong demand. In gerneral
when fabs start adding equipment it's because they are at
full capacity. The CEO sold some stock at the begining of
the week from 8.71 down to around 8.30 but he is still
holding ~700,000 shares.
I'd hate to put a number on it but after reading BRCM's conf call and listening to their CEO it sounds like chip demand is going to continue upward. Every chip that is made has to bonded to a package.....
all imo
Kulicke & Soffa Announces Revenue for Its Second Fiscal Quarter and Revenue Guidance for Its Third Fiscal Quarter
FORT WASHINGTON, Pa., Apr 13, 2010 (BUSINESS WIRE) --Kulicke & Soffa Industries, Inc. (NASDAQ:KLIC) ("K&S")today announced revenue of approximately $153 million for its second fiscal quarter, ended April 3, 2010, and revenue guidance for its June quarter of approximately $205 million. K&S will announce its full financial results for the second fiscal quarter on May 6, 2010.
Scott Kulicke, Chairman and Chief Executive Officer, stated, "We are able to give revenue guidance for the June quarter a few weeks earlier than normal because of unprecedented demand for both ball bonders and wedge bonders. Based on booked orders, we expect June quarter revenue of approximately $205 million. This same strength in demand gives us visibility into the beginning of the September quarter and while it is too early to give guidance for that quarter, so far we are seeing a continuation of current customer demand patterns."
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