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


To: Will Lyons who wrote (1079)9/17/1998 6:54:00 AM
From: Think4Yourself  Respond to of 2313
 
I hate to bring this up but Asyst has done such a pathetic job of supporting their stock that a hostile takeover has become a real possibility. Does anyone know if there are any anti-takeover provisions in place?

On the plus side: since the stock is below book, the more shares Asyst buys, the higher the book value goes. At these prices, a large stock buyback will do more for shareholder value than a strategic acquisition. Question is, can Asyst management see the obvious?

Ken