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

To: Dale Knipschield who wrote (1057)	9/13/1998 8:04:00 AM
From: the hube	Read Replies (2) \| Respond to of 2313

Dale: Can any more bad news be built into the stock price? I can't believe someone hasn't started buying up some of these distressed stocks. My guess is that takeovers in the industry will jump start the stock prices before the eventual industry turnaround. At 81% of book value, and only about $20 million over cash, you would think that a company that generated $160 million of sales over the last year would be easy to finance--even if you expected zero to somewhat negative cash flow for a while. John