KLA-Tencor No Longer a Short

Last night I checked stockspotter and was informed to exit any short position I might have in KLAC (KLA-Tencor).  This trade was listed for 7 days and earned .39%.  KLA-Tencor is a company that manufactures and markets metrology systems for semiconductors.  Semiconductors are electronic devices that have replaced vacuum tubes and are used for a wide variety of applications.

The news of this exit signal comes at a good time considering that, fundamentally, KLAC may be headed for better times.  In fact, just today the company approved a deal with Advanced Mask Technology Center (AMTC) in Dresden, Germany.  AMTC intends to use KLAC’s products to support development of advanced reticle technology that will be used to pattern the most critical layers of the industry’s next-generation integrated circuits.

Additional Company Info: KLA-Tencor Corporation engages in the design, manufacture, and marketing of process control and yield management solutions for the semiconductor and related nanoelectronics industries.

Advertisements
This entry was posted in Company Watch and tagged , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s