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Technology Stocks : ESST-the new beginning.

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To: dvdw© who wrote (3377)6/24/2002 10:30:38 AM
From: WTSherman  Read Replies (2) of 3493
 
Poor ol' ESST!! Some bozo that nobody ever heard of downgrades the stock last week and it can't even recover to where it was with the latest forecast from the company predicting greater and greater sales and profitability through this year and next. At $17 ESST is selling at less than 10x this year's probable earnings.

ESST has three things going against it right now. First and foremost there are few buyers of ANYTHING out there. Second, its got to be one of the most manipulated stocks I follow; third, its still living in the shadow of the Chan's past reputation and their continuing sales of stock(which I don't see anything wrong with).

Someday...
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