Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)

Sales and per share growth excellent and multiple is low for projected growth.

Blistering returns and in consecutive quarters .A good chunk of their business is based abroad. The technology they offer is the new gold standard for thr industry ( pun intended). Semi conductor industry is in for the next upswing cycle and KLIC offers the shovels to the gold miners...

Earnings coming up, and they are always great, stock down today, good time to load up.

Kullick & sofa has been doing excellently well in semiconductor industries with subsidiaries working 24 hours a day

it will peak at 9

"The Canary in the Coal Mine Semiconductor Stock". This semiconductor cycle has another two years to run. Bought in at $5.25 in November. Should see a 50% PPS appreciation in 2010.

chip stocks oversold and need equipment from KLIC

Very impressed with performance and I expect it's trend to continue. Buy.

KLIC is a chip maker and chip stocks are having their best move for years. KLIC has a real nice chart and it should have some steam left!

K&S should rebound when the chip industry recovers, but this one is definitely not a buy and forget company.

well managed, low pe

I wish i'd have known about this company when they were trading at $7. I think they'll continue to rise, but I look to add to my portfolio on a dip. . .

Chip equipment maker should make strong comback this year as technology outperforms the market. Looks for 30% upside in '07

Kulicke and Soffa (KLIC) incorporated in 1951, is the world's leading supplier of semiconductor assembly equipment, materials, and technology. KLIC provides wire bonders, capillaries, wire, die bonders, and die collets for all types of semiconductor packages using wire as the internal electrical interconnections.

The company has had a total shift in its strategy focusing on larger, more established product lines and divesting small non-profitable ventures. Its fortunes have improved over the years after several restructuring measures. In line with this it exited its wafer test business as it doesn’t fit into long term strategy and shifting certain manufacturing facilities to low cost regions like China where it enjoys 100% tax holidays for 2 years.

The acquisition of Alphasem that has an excellent reputation for customer satisfaction would expand the KLIC’s equipment market from $600 million to more than $1.2 billion. Moreover overlap of customers between Alphasem and KLCI is less with opportunities to cross-sell and increase market share. The recent quarter has not been satisfactory as hike in gold prices was passed on to the customers. The recent quarter has not been satisfactory and wire bonders account for 34% of the total revenue, whose performance is driven by gold prices. Hike in gold prices was passed on to the customers as a result the high sale revenues were not reflected in the bottom line, i.e. net profits.

Geographical mix of revenue looks good with 93% coming from non-U.S countries. But 29% of its revenues from Advanced Semiconductor Engineering and STMicroelectronics, prove to be a risk due to the huge debt component of $270 million. Loss of any one customer would strain the interest payments. Of late, the management is concentrating much on financial performance and is trying to strengthen its balance sheet. As a result it generated more cash, rationalized its cost structure, improved its collections, reduced account receivable balance and days sales outstanding. Good fundamentals and low price to earning ratio makes it a valuable buy.

trade freedom.

Nothing better than investing in the guys that provide the equipment to make and test computer chips. With the MS Windows replacement PC operating system coming out and more money to spend on computers instead of on gasoline, chip manufacturers will use companies like KLIC in the next quarter to keep up with demand. Should be great in the next couple of months before and around the holidays.

Shrinking debt and what appears to be consistently improving profit margins; Wall Street doesn't seem to be interested at this point

Hidden value in this one.