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

To: SemiBull who wrote (2154)	4/1/2003 7:25:25 PM
From: SemiBull	Read Replies (1) \| Respond to of 2313

Asyst sees 4th-qter sales below forecast Tuesday April 1, 4:30 pm ET LOS ANGELES, April 1 (Reuters) - Asyst Technologies Inc. (NasdaqNM:ASYT - News), a chip equipment maker, on Tuesday said it expects fourth-quarter revenue to be sharply below its prior expectations due to market weakness and delayed customer orders. Asyst expects to report net sales of $57 million for the quarter ended March 31, compared with its previous guidance of $70 million to $72 million. Consolidated bookings were $36 million for the period. For the fiscal first quarter, Asyst said it expects net sales of about $45 million. Shares of Fremont, California-based Asyst closed down 6.8 percent at $5.05 on Nasdaq.