Electro Scientific??? Message Board

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Technology Stocks : Electro Scientific???

ESIO 29.99

0.0%

Feb 1 4:00 PM EST

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To: vinh pham who wrote (294)	12/10/1997 3:24:00 PM
From: Mark Oliver	Read Replies (2) of 723

Vinh, Market has really lost interest in ESI. Seems like the Asian debt issues are blowing the whole sector down. Korea will be stalling dome pruchases, but can they afford to not buy ESI gear? I'm also reading that Japan only expects small increases in cap spending. A good earnings report might not be enough if it happens on a down day. I was thinking of buying some DEC calls in hopes of good numbers Monday, but have held off fortunately. Was looking at 45's, which look out of sight now. Oracle lost a lot of profit on currency this quarter. I suppose all ESI sales are in dollars? What's the point of this fall in price? Seems like it's either getting very attractive, or something is wrong. Regards, Mark

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