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To: Yiqun Xie who wrote (14522)	6/23/1998 6:22:00 PM
From: Proud_Infidel	Respond to of 17305

Yiqun, Re:3) New fabs for 300mm are pushed out further so I do not expect that the company will need large amount of working capital to develop new products now. Current business with existing 200mm fabs are established and expanding. As a shareholder of ASYT, I would not like to see them eschew development of 300mm simply b/c the stock is temporarily depressed. You stated that 300mm has been pushed out. That is true, for now. Once the current downcycle is over, we'll probably see many pull-ins just as we have seen push-outs and they need to be prepared. BK

To: Yiqun Xie who wrote (14522)	6/24/1998 10:19:00 AM
From: Will Lyons	Read Replies (2) \| Respond to of 17305

Your comments re ASYT also apply to ATMI -- lots of cash, recent secondary at twice the current price, etc. Perhaps we should try to compile a list of companies that are in the same boat regards Will

To: Yiqun Xie who wrote (14522)	6/24/1998 11:30:00 PM
From: Andrew Vance	Read Replies (1) \| Respond to of 17305

AV--ASYT is cash rich in these troubled times and the short term investments are doing very well since they are, for the most part, of the conservative investment nature. It makes a great deal of sense for them to do a stock buyback program however I do not know if the management is that sophisticated at this point in time. If it were me, I would buy back the 10% of the float you mentioned as a great investment for both the long and short term. A reason for not doing the buyback could be that they might have anothe ruse for the money and/or stock. They could be looking at an acquisition. On that subject, I like the possibility of PRIA and ASYT joining forces to create a kickbutt business. Your comments are right on target. Andrew