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


To: Ian@SI who wrote (1090)9/18/1998 2:06:00 PM
From: robbie  Read Replies (1) | Respond to of 2313
 
Ian, re:<<What investment strategy dictates a sale at today's price?>>

Ian, my strategy with ASYT is now sell low, buy lower. As I said, I will look to re-enter.

<<Last time ASYT traded in this range, about $8, it went to $45 in less than 2 years.>>

Yeah, I can see that in my rear-view mirror too. Unfortunately, all I can see in the road ahead is another quarter coming with revenues of 13-15 million (according to management). Tell me, who sees that and feels compelled to buy at this particular time, or for the next few months for that matter? Only people who are speculating that this is the bottom of the cycle. People have been calling the bottom since >20. I should have waited until conditions stabilized to buy. Simply put, I think the stock is going lower. Should be great news to the bulls.

Robbie