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

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To: sixty2nds who wrote (2271)1/30/2006 11:55:20 AM
From: Proud_Infidel  Read Replies (2) of 2313
 
30-Jan-06
08:52 ASYT Asyst upgraded to Buy at Amtech; sets $12 tgt (6.72 ) -Update-

Amtech upgrades ASYT to Buy from Hold and sets a $12 tgt. As the semi equipment industry is rebounding in order growth, firm believes that ASYT should also benefit from strong orders and rev growth. While the mis-steps of late 2003 in the FPD business translated to an unprofitable year in 2004, firm says mgmt has demonstrated operational improvements through 2005, and they think that ASYT has regrouped and is poised for profitability in 2006.
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