Electro Scientific??? Message Board

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Technology Stocks : Electro Scientific???

ESIO 29.99

0.0%

Feb 1 4:00 PM EST

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To: vinh pham who wrote (578)	5/27/1999 9:07:00 PM
From: Mark Oliver	Read Replies (1) of 723

Vinh, do you have any thoughts on why Electro Scientific might be trading down? It seems to me that in general the news is good. I saw where Micron Technology was downgraded to sell the other day based on a less than expected trade settlement on DRAM dumping. Also, we are seeing the finalization of the LG Semicon/Hyundai merger. Could this stall the purchase of new equipment as these two companies merge their operations? Teradyne had a very good day today. In general technologies are down, so it's no surprise to see Electro Scientific following group, but it could be this is a good time for a short-term investment on hopes that we go back to the '40s. What do you think? Is there some bad news lurking? Regards, Mark

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