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: Tom Smith who wrote (1228)11/20/1998 6:06:00 PM
From: Q.  Read Replies (1) | Respond to of 2313
 
re. <<Needham & Co upgraded ASYT, AMAT, NVLS, and BRKS from hold to buy today.>>

You could lose a lot of money doing what these guys recommend. Hold means, sell, right?

They recommended, in effect, selling these stocks when they were half or a third of their present price. And now they want you to buy them.

Somehow it looks like their recommendations are more then 90 degrees out of phase with the stock price. When business conditions driven by fab over-capacity and lack of capital in asia haven't really improved.

I'm reducing my exposure to Asyst and other sector stocks now.