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Technology Stocks : PRI Automation (PRIA)

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To: orkrious who wrote (891)4/3/2000 6:53:00 PM
From: Q.  Read Replies (1) of 1214
 
Looks like I made the wrong decision when I sold my ASYT and bought PRIA last year.

I did it because I was disgusted with ASYT's management. First an excessive options package, then a related-party transaction where ASYT gave a weak division at no cost to its CEO, who only then was motivated to improve it, and after that he sold it back to the company.

In this cycle we're not getting much 300 mm. I would expect 300 mm to be more friendly to PRIA than to ASYT, because ASYT will see more competition at 300 mm. But it's too early to see any effect from that.
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