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Technology Stocks : Electro Scientific???
ESIO 29.990.0%Feb 1 4:00 PM EST

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To: vinh pham who wrote (685)7/10/2000 10:57:20 AM
From: Mark Oliver   of 723
 
Really a profit taking day. I wonder if we'll see any announcements when the back-end show starts at SemiCon West in San Jose? Today is really a front end story with lots of news from AMAT and others about new equipment and a renewed push into 300mm wafer scale.

I believe it was not a great upgrade cycle for ESI as they move to larger wafers?? It doesn't really make sense, but something seemed to make me recall that they could adapt existing machines?

Anyway, wondering if this is just a breather before the next move. I am surprised at the strength of negative on such small volume. There are no buyers stepping in at all. Maybe the Market Makers are shaking the tree?

Thinking of buying some EQOGI, which is July 45's. They dropped $2 to 3 3/4. Patience seems to be the word though when timing in on ESI.

Regards,

Mark
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