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

To: robbie who wrote (1089)9/18/1998 1:43:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 2313
 
Robbie,

I'm baffled. I thought we were supposed to buy low, sell high.
Last time ASYT traded in this range, about $8, it went to $45 in less than 2 years.

A similar performance would see ASYT at 35-40 within 2 years.

What investment strategy dictates a sale at today's price?

Ian.



To: robbie who wrote (1089)9/19/1998 2:37:00 AM
From: Drake  Respond to of 2313
 
robbie, imo, now is NOT the time to jump ship. Remember one thing -- once ANY news comes out that the industry is starting to turn, it won't matter what the projections are, ASYT and others stock price will EXPLODE upwardly, and if you're not right on top of it, you will be chasing it and lose a lot of profit (or, I should say, making up your losses). IMO, you should rethink your strategy.


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