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Technology Stocks : E-Stamp Corporation (ESTM)

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To: Walter Morton who wrote (35)8/6/2000 7:51:27 AM
From: Kathleen capps  Read Replies (3) of 85
 
Walter,

It looks like estm has 3 quarters of so of cash left (at 30M burn rate a quarter). I'm thinking that if nothing else, it may be a buy out candidate, or that the recent addition of a MSFT person to the board indicates continued interest bye MSFT. Anyway, although I lost quite a bit of money buying last year at much high amounts (and finally ended up selling for a large loss in the $2-5 range), I think now it would be good for a short term pop sometime in the near future from the $1 level.

Look at how long it's taking Koop to die, and the chart action on that one. Add the possibility that estm other ventures (encryted tickets) may be worth something and this company might still avoid going to zero. The microsoft interest is definitely worth noting.

BTW, I'm holding stmp long term, watching their revenue numbers closely.

Kathleen
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