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Technology Stocks : ESST-the new beginning.

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To: SemiBull who wrote (3445)	3/3/2003 8:34:30 PM
From: SemiBull	Read Replies (1) of 3493

10 Stocks Under 10 ESS Tech (Nasdaq: ESST) -- Chip maker ESS rode the DVD trend, then fell off when competition in China proved fierce. It earned $0.80 a share last year, but that's history now that it's already looking at a loss in this year's first quarter. The company looks forward to gaining market share overseas and rolling out a new single-chip DVD product, but what I find really exciting is its $4.50 a share in cash and short-term investments. The stock is trading for just two bucks more than its hefty hoard of greenbacks. That should offer limited downside, while providing ample time for the company to get back on the growth horse again. fool.com

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