*AV*--They may very well be right on target<GGG>. I just love the way they think. Eating your Big Mac while travelling and attending Mickey World. If indeed this is the case, make mine a Quarter Pounder and Epcot.
I suggest you watch ASYT real close and make a move on it when you feel the time is right. The conference call is setting ASYT up for stagnation for the next 2 quarters. This is how it is being promoted by the managment. They are expecting normal results for the next 2 quarters but they are doing better in the areas of inventory, A/R, margin, cash flow, asset managmement, resource managment, rev/employee, SG&A, etal. They are tightening their belt just to ensure they do not get into a bad situation.
Now in 64 fabs, up 9 for the year. Acceptance is getting easier and easier. Booked $171 million vs revenues of $165 million this past year.. Backlog of $50 million. They are cautious moving forward.
Even though I have a major position in ASYT, I may very well add to this position with the remaining "ENMD Gift Fund." It would not be a major average down and would be measured in less than a point.
www.asyst.com website will have the replay of the conference call. I would suggest those interested to take the time and listen to the replay after 8 pm tonight.
Andrew |
