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

To: Lane who wrote (1176)	10/29/1998 9:49:00 AM
From: HB	Read Replies (1) \| Respond to of 2313

The MoGeeks are here!!!!!

To: Lane who wrote (1176)	10/30/1998 9:41:00 AM
From: HB	Read Replies (1) \| Respond to of 2313

Apologies if I offended you, Lane. My comment was meant lightheartedly and humorously, but I guess it was a bit too offhand. I agree with your feelings about how the stock may move in the message I responded to, and my comment in part indicates one reason I agree. Momentum types will pile into the sector and this stock especially, if they can find an excuse (e.g. DRAM price firming stories, look at MU and that's certainly relevant here as well); but they will flip it unceremoniously if it looks like their profits are in jeopardy. Nothing wrong with locking in profits: I've been doing it some, with this stock, over the last few days. I have sold off a majority of my ASYT now, but am holding some in case it runs as you suggest it might, and because I still feel it's fundamentally undervalued at these prices. I do feel the sudden increase in interest in this stock, both in the market and on this board, indicates that momentum types are getting into the stock, which usually means that once it peaks, it dives. That doesn't seem to have happened yet. Sure, mogeeks might include you. It wasn't meant as an insult. We've all seen what momentum runs this market, and this sector, can get into, and how they can end. I feel that right now, we're at the point, especially in this sector, where the changeover from value-oriented to momentum-oriented is happening (hence the "suspended in air" feeling), and we're about to find out whether the moboyz (and mogurlz) getting in now are going to profit, or get hurt. Of course, the smarter moboyz, like you perhaps, have already been in & out, and profited. It may also be going into sort-of value oriented hands who will hold for awhile, but were too chicken to get in at 7.... that's the truly weird one, in my opinion. If you're going to buy and hold, might as well do it cheap and risk dead money for a year or two, rather than pay 50-100% more a few months later. But they were probably waiting for the CC to make sure the sky wasn't falling, and I guess there's some sense to that. Again, sincere apologies Cheers, Value Geek