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Technology Stocks : Stock Swap

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To: Dale Knipschield who wrote (14477)6/18/1998 6:17:00 PM
From: Andrew Vance  Read Replies (2) of 17305
 
*AV*--ASYT is a very misunderstood company with great potential and profits when the 300mm program rolls out for full implementation. But even before that happens, this is a solid company whose SMIF minienvironment approach is a cost effective way of improving yields and productivity while reducing overall wafer cost. This is becoming more of an issue within the industry as this downturn continues.

I can think of no fundamental reasons why ASYT would sag and beleive it is just a grossly overlooked and undervalued stock. Sometimes that is all there is to it. Communal neglect on the part of "the street".
Mistakes happen and it is quite possible that we, as investors, are more on the ball than the experts.

As good as the earnings were that were reported, keep in mind they did say they saw some weakness going forward. This should not scare anyone away, though.

Andrew
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