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Technology Stocks : ISSI a great opportunity

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To: Chi Pan who wrote (574)1/21/1998 8:04:00 PM
From: John Ritter  Read Replies (1) of 1058
 
<off topic>
You might look into ESST at 7 tomorrow, earnings to be released after close. Xianghang Xu believes that the numbers might be good because most of their business is in China and their currency has increased in reference to the dollar. Maybe?! I make a point of buying Chinese whenever possible. The quality of goods has improved to the point that one must ask (especially with tools) why to pay 3 times more for essentially same durability. Anyway, ESST's 52 week low is 6 3/4, I don't know that I would use margin, but figure 1/2 risk down, and 1 point up. 1k shares would be good day trade. I'm using my pop money on VSNT (5 1/8 to 6 1/2) and wish I would have held to 7 today for even trade (oh well). Good Luck
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