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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 (2182)8/29/2003 10:21:42 AM
From: Proud_Infidel  Read Replies (1) | Respond to of 2313
 
So I guess they are going a few more hundred percent beofre saying Buy?

9:17AM Asyst upgraded to Neutral at JP Morgan (ASYT) 14.07: JP Morgan upgrades to Neutral from Underweight based on their assumption that photolithography and automation equipment suppliers will likely experience higher than group avg sequential bookings growth in Q3-Q4, which should drive superior stock multiple expansion. While firm believes ASYT is ripe for new money, BRKS remains their top pick in automation due to its margin profile.