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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 (1091)9/18/1998 2:15:00 PM
From: Ian@SI  Read Replies (2) | Respond to of 2313
 
Robbie,

Thanks, I now understand.

What I missed was your expectation that the stock will sell at $5, a full $2.25 below current net cash. Even if ASYT reports a loss for the next 2 quarters, I wouldn't expect it to trade at or below Cash forever.

The first slight glimmering of a recovery will, IMO, cause it to rise rapidly.

FWIW,
Ian.