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Technology Stocks : Electro Scientific???
ESIO 29.990.0%Feb 1 4:00 PM EST
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To: Jason Albert who wrote (338)2/10/1998 7:30:00 PM
From: Mark Oliver  Read Replies (1) of 723
 
I must admit, I had noticed the recent rise from 30 to 40. :-)

I think it's hard to explain the reason for the rally. Mostly, I think we hit a temporary bottom and a recent upgrade from Prudential (?) seems to have helped. Also, I guess they had a presentation to a group for Red Chip.

In general, ESI is just ridiculously cheap in the low 30's and probably in the low 40's too. If there is any specific news, I missed it. I also missed buying more, :-((

Now, what do you think of AMAT news. Was it good enough to sustain the rally?

Regards,

Mark
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