Andrew,
Thanks for your extremely informative and well-crafted response to my questions on ASYT. For a "nutshell" description, it was quite thorough! Have you ever considered signing on as their IR spokesperson? <VBG>
With your strong recommendation of yesterday, and the price dropping even lower today, its hard not to step in and buy. However, my "market paralysis" is holding sway and I'm going to place ASYT near the very top of my "buy" list, where it has some very great company today, with IDTI < 10, PAIR < 16,and CYMI <18.
What a bargain-basement of opportunities out there, eh?.......if only it weren't so early in the high-tech spring-summer doldrums season, PLUS the DOW still sitting near a record top, looking old and tired. IMO, I think we could have yet more downside if the DOW undergoes a correction, because its going to carry everything else with it, including these already battered gems. So, for my part, I need to wait and see how this plays out before I step in with any major purchases.
Sorry for painting such a gloomy picture, but its just MY opinion, and I have to go with my gut feeling. I'll certainly entertain any compelling arguments that might lead me to believe otherwise. Knowing this thread, there should be a few out there!
Regards,
Knip
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