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

To: Smilodon who wrote (810)	6/3/1998 10:11:00 AM
From: KC	Respond to of 2313

FWIW....this very merger was a hair away from happening when Asyst attempted to compete with PRIA in the INTRABAY automation tool area and had other problems as well a couple of years ago....Some very large share holders\VCs almost forced this combination...Asyst may go lower in the short term here but because of the industry that ASYST is in and the fact the float is so small it doesn't take much to move this stock especially when someone, large in this case, wants out and there is a dearth of buyers...I took a rather large position yesterday and if it goes down I will be in buying some more ...Stocks are a funny thing sometimes...all things being equal they are one of the few things I can think of that people like LESS the cheaper it gets...good luck..and as Carl Johnson over at Infrastructure says.."keep the faith"... PS...I think this is what they mean when they talk about "low hanging fruit"