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Technology Stocks : ESST-the new beginning.

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To: PAR who wrote (2889)9/25/1999 8:40:00 PM
From: Ram Seetharaman   of 3493
 
Next two weeks should be wobbly for chips/semis.

YHOO reports on 10-7-99 and that should kick off the internets.

INTC and MOT report the 13th, LSI 21st, ESST 22nd. The chip/semis need something spectacular to get them out of this temporary slide before earnings release. Poor performers will get whacked for sure. ESST wouldn't be one of them. They will do well in their report and a $ 20 by year end is possible. ESST has a lot going for it - after the blowout report in the first quarter of 1999, they have picked up steam and won't let go for another two years. $ 40 is possible in two years at this rate of growth!
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