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To: Patrick Slevin who wrote (13982)	5/20/1998 5:11:00 PM
From: Andrew Vance	Read Replies (1) \| Respond to of 17305

AV--I am listening to the ASYT conference call as I type and am looking over the earnings release. ASYT demonstrates how inefficient this market it. I cannot find any fault with what was released and what is being discussed now. record earnings and record revenues for the year during these tenuous times. This company is kicking butt and no one is noticing it. ASYT is a win-win situation that is going totally unnoticed by the general market, PERIOD. Book to Bill is better than the rest of the sector but is under 1.0 and orders are starting to trail off. They are preparing for some lower revenue to flat revenue over the short term. however, even with revenue decline, they are going to maintain their 45% margin. They are tightening the belt with some shutdowns so as not to "waste" money. ASYT is not perfect but it is a shining star relative to the others companies in this sector. Mentioned they are addressing the year2000 issues. They rarely use date critical functions. Internal systems are being addressed. There will be some costs associated. Will focus on profitability and cash flow and beleive the next few quarters should mimic those of Q2 and Q3 of last year and not the record levels of the past two quarters. However, this is still extremely acceptable, IMO. Andrew