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Technology Stocks : Asyst Technologies (ASYT) Good Value/Where is the Bottom?
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To: Proud_Infidel who wrote (2029)6/27/2001 3:54:25 PM
From: Q.  Read Replies (3) of 2313
 
I wonder what they will do with $75 million?

They already have $179.2 million in working capital, as of March 31. That ought to give them enough cushion to fund operations through the downturn, even with their $38 million commitment to pay for land.

I don't see how why they need to do something dilutive like these convertibles to fund their operations.
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