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Technology Stocks : Asyst Technologies (ASYT) Good Value/Where is the Bottom? -- Ignore unavailable to you. Want to Upgrade?

To: Dale Knipschield who wrote (1673)8/18/2000 12:51:23 PM
From: Ian@SI  Read Replies (1) | Respond to of 2313
 
Knip,

The 2 key automation plays PRIA and ASYT seem to resemble a rocket today with PRIA up 6 1/2 from the 48 range and ASYT up 3 3/4 from the 20 range.

It appears that the institutions and fund managers believe that 300mm is real and will happen this cycle without an intervening pause.

Looking very good,
Ian.



To: Dale Knipschield who wrote (1673)8/18/2000 1:16:24 PM
From: Donald Wennerstrom  Respond to of 2313
 
Dale, You are right, something lit a fire under ASYT and the entire sector today. It was never a question of "if" the sector would go, it was always a question of "when".

I think the "bears" had had their day in this sector for awhile. The semis have been beaten down so far, they have a long way to run.

Don W.


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