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

To: Barry who wrote (2206)	7/9/2004 4:01:03 PM
From: The Ox	Respond to of 2313

ASYT has been a favorite "whipping child" for the analyst community, some of it justified but a lot of it seems to be kicking a good company while they're down. However, I do think there is a concerted effort by the entire analyst community to keep downward pressure on the SCE industry. I believe that most of this negativity is caused by the fact that the analysts don't want to be wrong. They have been telling everyone to get out since November of last year, right at the point where the industry started to show REAL improvements in billings and forward orders. What better way to "justify" their calls then to create FUD by downgrades? If you can afford the downside, I wouldn't give up my positions at this point in time. I would at least wait until after earnings have started to come out to see what the different industry players are saying. If the industry guides in line or above (as a group), then I would feel very comfortable holding on and probably increase my position on weakness. If we get a bunch of gloom, then I think it would be best to step aside and look for a reentry point much lower then we have today. 3 more months of selling could create a nice buying opp later this year. I will be listening to a lot of CCs this quarter, more then normal. I want to try and gauge where the weakness is company based and where it's subsector based.

To: Barry who wrote (2206)	7/9/2004 11:09:09 PM
From: stox19	Respond to of 2313

Why don't you go ahead and sell so we can soar.gggg from what I recall you are right about the 0 % FPD to ramp up to profitability soon. When the whole market start moving, ASYT will outperform it and we all will dance all the way to the bank.gggg

To: Barry who wrote (2206)	7/12/2004 9:45:43 AM
From: The Ox	Read Replies (1) \| Respond to of 2313

ML downgrades the semi equip sector before any good news can come out of Semicon West. Seems to verify my earlier point that the analysts don't want to be wrong...so they'll "make themselves right", one way or another. However, I do think there is a concerted effort by the entire analyst community to keep downward pressure on the SCE industry. I believe that most of this negativity is caused by the fact that the analysts don't want to be wrong. They have been telling everyone to get out since November of last year, right at the point where the industry started to show REAL improvements in billings and forward orders. What better way to "justify" their calls then to create FUD by downgrades?