Asyst Technologies (ASYT) Good Value/Where is the Bottom? Message Board

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

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To: robert b furman who wrote (2264)	9/13/2005 11:09:01 AM
From: Proud_Infidel	of 2313

Market Pulse: Asyst Tech shares rally on Piper Jaffray upgrade Tuesday September 13, 10:53 am ET By Mark Cotton NEW YORK (MarketWatch) -- Shares of Asyst Technologies rallied 36 cents, or 7.4% to $5.21 in morning trading Tuesday after brokerage Piper Jaffray upgraded the semiconductor equipment maker to outperform from market perform. Analyst William Lu said the company's share price, which is currently trading at a significant discount to its peers, deserves a better valuation on expectations of better margins ahead and likely market share gains. The analyst is also increasingly confident management can deliver on its promises. In addition, Lu sees several potential projects that could lead to higher revenues for the company, including expansion of chip production at some facilities operated by Taiwan Semiconductor Manufacturing, Powerchip and Inotera. The analyst lifted his price target on the company by $2 to $8.

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