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Technology Stocks : Electro Scientific???
ESIO 29.990.0%Feb 1 4:00 PM EST

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To: Scott Maxwell who wrote (319)1/22/1998 3:39:00 PM
From: Mark Oliver  Read Replies (1) of 723
 
Hi Scott, glad to hear from you again. Seems like the mm's are very busy moving this one up and down. I haven't seen any bad news yet, but I understand the fears of order cancelations. Still, I thought this KLIC report was good and they are trading down.

What companies will you watch to guide your views on ESI? I would think after their last statement of comfort with market conditions, they won't put out much more PR.

Do you buy the theory that yield improvement is too vital to push out? Do you think they will win acceptance for this repair in other chip types? I think the other divisions maybe at more risk though.

It seems hard to find any stock that's really doing well these days.

Regards,

Mark
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