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: Paul Dieterich who wrote (607)	1/21/1998 5:03:00 PM
From: Tom Smith	Read Replies (1) of 2313

Asyst Announces Record Revenues and EPS From Continuing Operations of $0.41 for Third Quarter FY1998 biz.yahoo.com Notes: 1) A charge of $1.8MM to write-off Asyst Automation reduced net income to $3.4MM (0.26 per share) from $5.2MM (0.41 per share). Hopefully the market will take this in stride tomorrow. 2) Asyst DID win at least a portion the SMIF order for the Dresden Fab announced last week. From the press release: Another development in this period was a multi-year business agreement that Asyst entered into to provide SMIF load port capabilities for one of the world's largest equipment supplier's line of tools scheduled for installation at a new microprocessor fab in Dresden, Germany. Discussing the circumstances surrounding the order win, Parikh noted, ''In this case, the supplier was required by the German fab to select a preferred solution. Their extensive evaluation resulted in a key European win for us.'' Parikh continued, ''We're excited about playing a key role in this new fab project.''

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