SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Asyst Technologies (ASYT) Good Value/Where is the Bottom? -- Ignore unavailable to you. Want to Upgrade?


To: EACarl who wrote (1226)11/20/1998 7:25:00 AM
From: robert b furman  Read Replies (1) | Respond to of 2313
 
EACarl, Well you asked for my wild guess - Here it is.

First off yes it is a little ahead of it self but small caps do this when they reverse.
I think it should pop to the 21-22 range, then drop quickly to the 17-18 range, then move to the 26-27 and consolidate for several months.This stocks current rise has been without a dip and appears to be very strong.In particular the strong volume is almost too good.Some big players are riding short term trips in ASYT JMHO.

Congrats on your excellent entry points.I got in at 13.You beat me on all buys.Where were you when i needed you ( VLG )

Just my guess based on other small cap pops of the past.Since we're getting out the chrystal ball where is your long term top. I'm sniffing glue at 57 3/4.

BWDIK

Bob



To: EACarl who wrote (1226)11/22/1998 8:50:00 PM
From: Smilodon  Respond to of 2313
 
I think it is ahead of itself.

300 mm is being pushed way out. Foundry's are very much over capacity and expecting lower spending next year. I think it likely ASYT will have some sort of dissappointment over next few quarter. At least I hope so. I plan to buy during the next correction.



To: EACarl who wrote (1226)12/14/1998 5:42:00 PM
From: robert b furman  Read Replies (2) | Respond to of 2313
 
Hi EACarl,
Well here we are watching ASYT drop points over the last couple of days.Guess this confirms your thoughts on ASYT getting a little ahead of itself.

Since your past purchase points are admirably better than mine,I just have to know where your sense of BTD value is? I know your last post suggested 13-15. Looks like good support should come in at 15. But then we are talking about ASYT and it is a shaker if there ever was a shaker!

In summary good support at 15 so buy it at 13? Next up cycle is now closer but still a ways out there , before all excess capacity is utilized.I sure would like to add to my holdings just to catch a rise up thru the overhead resistance in the 22-25 range.

Thanks for your thoughts in advance

Bob