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: Mark Oliver who wrote (295)	12/11/1997 10:40:00 AM
From: vinh pham	of 723

What I am hearing is that several mutual fund managers dump ESIO stocks ( along with all the other semi equipment ). I expect backlog to go down for the next several quarters. What may be surprising is the strong demand in Europe. The 5100 laser drillers are in bid demands. The European techs are doing really good. Did you see how bullish Siemen is? Siemen is the one of the Largest customer of ESIO. You are right about this market. ESION will probably get hit when the rest of the pack release their earnings in Jan. I was just reviewing the ZACKS estimate for ESIO. I have noticed that there are no changes in earning estimates. One new HOLD recommendation in the last week. In order for ESIO to meets those earing estimate, I feel that ESIO will have to make at least another major acquisition in 1998......very possible. Later.

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