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Microcap & Penny Stocks : ESEX-ESSEX CORP OTC BB

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To: Peter O'Brien who wrote (230)	2/21/2002 9:56:48 PM
From: Peter O'Brien	Read Replies (1) of 257

I hope it was all the Gilder followers selling today... Stock is now back to pre-July levels before they first publicly demo'd Hyperfine. Amazing... They are due to give a 4th quarter update soon, hopefully with some news on defense contracts and/or progress with customer evaluations. The company web site indicates they will be participating in an industry conference in March where... "An on-going live demonstration of a sixteen channel 6.25 GHz hyperfine multiplexer prototype will be shown transmitting OC-48 data across 50Km. " So, unless news has leaked that this on-going live demo is to be conducted with smoke and mirrors to somehow hide the fact that Hyperfine really doesn't work after all, it's hard to imagine today's drop being justified. ;-)

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