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To: stox19 who wrote (1279)7/19/2002 10:47:30 AM
From: Return to Sender  Read Replies (1) | Respond to of 13403
 
OT: Maybe not. I was disappointed by the guidance from ASYT. During the quarter the upped their revenue guidance and then they missed actual earnings and guided in a way that did not excite investors.

Jul 17 2002
4:12 PM In Play Asyst misses by three cents (ASYT) 17.05 -0.10: Reports Q1 (Jun) loss of $0.27 per share, $0.03 worse than the Multex consensus of ($0.24); net sales for the quarter were $55.9 million vs the consensus of $54.1 million; expects Q1 net sales of approximately $70 million vs the consensus of $69.1 million.


The lower Bollinger Band is all the way down at 8.77 on the monthly chart. ASYT is still losing a lot of money:

stockcharts.com[l,a]mhclyiay[d19950101,20020731][pb50!b200!d20,2!i!f][vc60][iUb14!Uk14!Ul14!Lp14,3,3!Lf!Lc20!Lah12,26,9]&pref=G

I think there is a real risk that the stock does not bounce back much when the current selling stops. At least not until they make it clear that more revenue means an actual profit.

JMHO, RtS