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

To: dia oko who wrote (622)	2/4/1998 6:44:00 AM
From: Paul W	Respond to of 2313

My opinion is that it rose on earnings anticipation. Momentum players drove it up to past 27. This gap needed to fill before it could go higher. As the momentum players jumped off we saw it fall. Now, that selling seems exhausted and fundamentals will hopefully drive the stock. It also is moving in sympathy with the whole tech sector. It's amazing how many charts look the same over the last 4 months. Check it out and see how many drop in oct and don't recover till very recently.