SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Electro Scientific???
ESIO 29.990.0%Feb 1 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: vinh pham who wrote (228)9/25/1997 2:15:00 AM
From: Mark Savino   of 723
 
Here is an excerpt from the Merrill Lynch Report:

"We believe that the company's acquisition of Dynamotion
with its technology lead in conventional drilling and the
company's existing technological position in laser drilling
have added a substantial new market to the company's
portfolio. Electro Scientific is in a position to dominate the
market for the drilling of small holes in the fabrication of
electronic packages. This market could be $100 million
today but could quickly grow to $250 million in the next
few years. Thus it could become the company's biggest
market and could be one in which the company can
generate a 25% to 50% market share. Based on the
addition of this new market we are raising our long term
rating on the company to Buy. The new rating is thus
C-3-1-9."

The rating was C-3-3-9.

Mark
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext