SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 305.32-0.2%Dec 29 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Donald Wennerstrom who wrote (17695)8/6/2004 12:35:08 PM
From: Donald Wennerstrom  Read Replies (1) of 95646
 
Asyst Technologies downgraded to "market perform"

<<Friday, August 06, 2004 3:52:06 AM ET
Adams Harkness & Hill

NEW YORK, August 6 (New Ratings) - Analyst Avinash Kant of Adams Harkness & Hill downgrades Asyst Technologies (ASYT.NAS) from "buy" to "market perform," while reducing his estimates for the company. The target price has been reduced from $12 to $8.

In a research note published yesterday, the analyst mentions that the company reported disappointing F1Q05 results due to weak AMHS bookings. While Asyst Technologies' revenues are expected to improve during the current quarter, the company's margins are likely to remain under pressure due to the higher mix of low-margin products, the analyst says. The EPS estimates for CY04 and CY05 have been reduced from $0.10 to $0.04 and from $0.60 to $0.40, respectively.>>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext