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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From: FJB	7/19/2008 5:54:27 AM
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Aquest confirms offer to buy Asyst Thursday July 17, 2:32 pm ET Aquest confirms offer to buy Asyst; says it is 'highly confident' it can fund, close deal NEW YORK (AP) -- Aquest Systems Corp. confirmed Thursday that on July 9 it sent Asyst Technologies Inc. an offer to buy the chip manufacturing equipment maker for $6.50 per share in cash. Asyst said Wednesday that Aquest had expressed interest in possibly buying the company for that price, which, based on Asyst's 50.2 million shares outstanding as of June 4, would mean a total offer of about $326.3 million... biz.yahoo.com This offer is about 0.7 of trailing sales, which is pretty low I think.

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