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: Box-By-The-Riviera™ who wrote (385)	6/1/1998 9:54:00 AM
From: Mark Oliver	Read Replies (1) of 723

Price is very cheap now. Got your finger on the trigger? I'm looking at Cognex and wondering if this will spill over on ESI? They cite weakness for another 2 or 3 quarters. Could well be any issues of machine vision have already been discounted? 09:11 ET Cognex Corp (CGNX) 19: Maker of machine vision systems says expects a yr/yr decline in earnings and revenues in each of the next three quarters. Cites a slowdown in orders from customers in the semiconductor and electronics industries, whose businesses have slowed substantially since the start of the Asian financial crisis. Puts FY98 net income approx. 20% below yr-ago level. Stock indicated 2 1/2 pts lower. Joe Granville is bullish. Does this mean time to sell? Regards, Mark

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