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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JSLyons who wrote (3561)6/19/2002 9:00:39 AM
From: Return to Sender  Respond to of 95652
 
ASYT bounced strongly higher off of the low 15 area on the last downswing. I think we will get enough selling in the next 2 1/2 weeks to take the market and perhaps ASYT even lower to say 14.

If we did not get the dose of bad news yesterday then ASYT would be back just above 20 again today.

stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!Uk14!La12,26,9]&pref=G

Anyway I think ASYT guided high enough in May to keep it from going any lower than that as stated here:

May 16 2002 4:13 PM In Play Asyst matches estimates; guides higher (ASYT) 18.18 +0.18: Reports Q4 (Mar) loss of $0.33 per share, in line with the Multex consensus of ($0.33); revenues fell 66.7% year/year to $38.4 mln vs the $37.1 mln consensus; expects Q1 net sales in the range of $50 to $55 million vs the the current consensus estimate of $42 million.

So it looks like sell at 20 and buy in the low 15's or below. Lots of money can be made swing trading a stock like ASYT. Remind me of this when it is in the low 15's again.

RtS



To: JSLyons who wrote (3561)6/19/2002 9:38:30 AM
From: Ian@SI  Respond to of 95652
 
Late last week, the First call earnings estimates for current Q, Year and next year were revised up sharply. The factors leading to those upgrades in estimates may well have contributed to ASYT's recent performance...