PRI Automation up 30% Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PRI Automation up 30%

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MRO0054 who wrote (139)	1/22/1997 11:32:00 PM
From: N. Kedarnath	of 193

To All, PRI's competes with Daifuku, Shinko and Asyst Automation (formerly Proconics). Daifuku is the largest supplier of automated material handling and transportation systems. Recently (Semicon Japan), PRI and Shinko joined forces to sell/service each others products. If I find the announcement, I'll post it here. Asyst has the ability to take on PRI if they get a handle on their manufacturing costs. And there is that 'management thing' about Asyst. As a former employee of Asyst, I had the opportunity to see the problems from inside; a small group of very talented engineers and large & inefficient marketing, sales and manufacturing groups. Add to that several layers of managers and you can explain decreasing gross margins and 'manufacturing inefficiencies'. I made money on PRI on its way up and some more on its way down. PRI is a better run company; but, at theses prices (approaching $60)I consider it a short. Just one thing to watch out though - many analysts still have hold/neutral ratings on PRI. If they decide to upgrade PRI now, it'll go up a few more points! Asyst is a good long term buy; they have every sector of the fab automation field covered - SMIF pods & robotics, inter/intra-bay transportation and software (thro Asyst Software Inc.) All you need for a good rally is a couple of very visible changes in the management!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next