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

To: Q. who wrote (549)	11/8/1997 4:36:00 PM
From: keith koestner	Read Replies (1) \| Respond to of 2313

I have been tracking ASYT since summer 97. A source close to the industry strongly recommended it based on sales/demand. This recommendation has not been altered, in fact, it has been strengthened due to undervalued pricing. The number of mutual funds owning ASYT has increased for 4 months, suggesting continued and increasing support. First Call also raised their estimates for both FY98(ends March) and FY99 amidst the crisis in Asia. The new fair value calculated from these new estimates is currently $44, well above what it is trading at. Profit taking for ASYT's extensive run up in price was prompted by market jitters, not fundamentals. Fundamentals remain very strong. Expect volatility for the short term, but get in while you can. -Keith