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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (7907)	2/19/2004 10:24:19 AM
From: The Ox	Respond to of 13403

OT On ASYT, I think they had a throw out the kitchen sink kind of quarter and they got hammered for it. Pretty remarkable that the company dropped roughly 40% on this type of news: Net bookings in the quarter were $133.7 million, up 121% sequentially from net bookings of $60.5 million in the prior quarter. Bookings of $53.5 million for tool and fab automation products and services were up 68% compared with $31.9 million in the prior quarter. AMHS bookings of $80.2 million increased 180% over the $30.4 million reported in the prior quarter. For the quarter, Asyst reported net sales of $74.9 million, up 46% from $51.3 million reported in the prior quarter. In fairness to the market, all they focused on was the eps miss: GAAP net loss for the fiscal third quarter, including charges, was $22.1 million, or $0.52 per share, compared with a net loss on the same basis of $16.3 million, or $0.41 per share in the fiscal second quarter. I think it was about 9 cents short but they gave out enough detail to encourage me to purchase at the discounted price. May not be the best short term trader out there but I think the price has discounted a lot of the positives.