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 (372)	4/9/1998 11:11:00 PM
From: vinh pham	Read Replies (1) of 723

Many companies are switching to the 12 inch wafers to keep the cost down. The 12 inch wafers cannot be handled on the current 92xx or 93xx machines. ESIO, I am sure, will have a line of 300 mm products coming out this fall. I am looking for ESIO to hold steady earning wise .... in this market that is really good. ESIO always hold steady thru the down turn. This is due to the diversity in the product line and very sound management. When the 300 mm products hit the market there will be a jump in sales. Hopefully it will also coincide with a recovery in ASIA. ESIO is a good buy in the low 30s to mid 30s. The downside risk is very small. Remember that the book value of this company is around $15. When the stock price recover, it will be very quick. Vinh

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