re: How far will this slide last?

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No clue wegotdatwood, but if you are still eying ASYS, I think this is a great buying opportunity. They are about to announce earning soon as well. I'll be picking up a few more shares, but what do I know.

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Third Quarter Financial Highlights:
-- Record net revenue of $71.9 million, up 67% from $43.1 million in Q3 Fiscal 2010
-- Record solar revenue of $60.7 million, up 61% from $37.6 million in Q3 Fiscal 2010
-- Gross margin of 36%, compared to 37% in Q3 Fiscal 2010
-- Operating income of $12.1 million, up 89% from $6.4 million in Q3 Fiscal 2010
-- EPS of $0.74 per diluted share, up 76% from EPS of $0.42 per diluted share in Q3 Fiscal 2010
-- Quarterly bookings of $13.5 million ($7.2 million solar); fiscal year-to-date bookings of $223 million ($196 million solar)
-- Quarter-end backlog of $140.5 million ($130.0 million solar)

J.S. Whang, Chief Executive Officer of Amtech, commented, "For the third quarter, we achieved a fifth consecutive quarter of record revenue, reflecting our technology leadership in high efficiency solar diffusion, and continued strong bottom line results that further demonstrate our operational capability to manage and service the high growth cycles of the solar market. While our order pipeline has slowed significantly given the near-term uncertainty in the broader PV market, we maintain a healthy backlog of $140 million, remain on track to produce and ship at a significant volume in the September quarter, and expect to achieve our full-year revenue guidance for fiscal 2011. During this solar down cycle, we are intensifying our efforts to increase our diffusion market share and execute on our key solar development programs, including our solar ion implant project."

Net revenue for the third quarter of fiscal 2011 was a record $71.9 million, up 17% sequentially from $61.3 million for the preceding quarter, and up 67% from $43.1 million for the third quarter of fiscal 2010. The increase was driven primarily by higher system shipments to customers in the solar industry, partially offset by an increase in the amount of revenue deferred.

Total orders in the third quarter of fiscal 2011 were $13.5 million ($7.2 million solar), compared to total orders of $72.5 million ($60.3 million solar) in the preceding quarter. At June 30, 2011, the Company's total order backlog was $140.5 million, including $130.0 million in solar orders. The effect of foreign exchange on backlog was a positive $3.8 million in the third quarter. Backlog includes deferred revenue and customer orders that are expected to ship within the next 12 months.

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