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Technology Stocks : Electro Scientific???
ESIO 29.990.0%Feb 1 4:00 PM EST
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To: Mark Oliver who wrote (404)6/30/1998 1:37:00 AM
From: vinh pham   of 723
 
I suspect the upcoming report will be OK. Around 60 cents per share.
In this climate, that would be pretty damn good. Their backlog will
definitely be affected however. That is where I am cautious. I am
still buying as many share as I can afford whenever the stock hits
30 - 31 range. Sell in the 32 - 33 range. I don't see too much
downside risk at these prices. Did you see the GSCN warning? Their
memory repair business is definitely being affected by ESIO's
lawsuit. They are basically shutout of the next generation DRAM
business. I am also concern with GSCN galvo business. A lot of
their customers are also competitors in the semi equipment business.
Many of these customers are designing out the GSCN galvos in favor
of other vendors such as Cambridge.

Later

Vinh
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