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Technology Stocks : Asyst Technologies (ASYT) Good Value/Where is the Bottom?

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To: SemiBull who wrote (2061)8/8/2001 12:47:14 AM
From: William Chaney   of 2313
 
So, was he fired? Anybody have more info?

>>Asyst Technologies Announces Douglas McCutcheon, CFO, to Resign
biz.yahoo.com

The article says that he "plans to pursue other business opportunities in the San Franscisco Bay area." That appears to mean that he isn't jumping to another company.

I have developed a rule of thumb that when a CFO leaves, especially with a vague "pursue other business opportunities" explanation that there may be some bad financial news brewing that he/she is going to get blamed for. That hasn't been true in all cases, but it seems to have been true in a number of them.

I am neither long or short Asyst, but have been considering it.

Wm Chaney
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