ASTX Message Board - Msg: 5161408

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Technology Stocks : ASTX

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To: michael modeme who wrote (172)	7/10/1998 8:49:00 PM
From: Adelantado	Read Replies (1) of 275

So, today the Montly(sp?) fool said: Semiconductor production technology firm Applied Science & Technology (Nasdaq: ASTX) tanked $1 3/16 to $6 3/8 after announcing that it expects fiscal Q4 earnings to be at or slightly below breakeven due to the continuing decline in semiconductor industry. Analysts had predicted EPS of $0.09. The company expects the industry's downturn to continue into its first quarter, leading to a projected loss of $0.15 to $0.20 a share, including a one-time $400,000 restructuring charge. Reviewing the price of the stock, seems that its now as low as the initial offering price set years ago. Not a bad item to buy now if ASTX plans to continue its operations. Semiconductor business decline is only temporary, right? Joe.

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