Electro Scientific??? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Electro Scientific???

ESIO 29.99

0.0%

Feb 1 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark Oliver who wrote (412)	7/9/1998 12:59:00 AM
From: vinh pham	of 723

I agree that the estimate is low. Even though projection of sales is to be 10% lower, gross margin will get back to around 53%. Also remember that some capital was used in the expansion in Portland where they have added manufacturing space for the drilling machine and the purchase and renovation of the 3rd building. Do you know if those expenditures showed up in the just announced report? Base on the result of their previous cost cutting effort in the past, I have every confidence that they will trim cost and generate decent earning for 1st quarter 99 ( June - Aug '98 quarter ). I would expect earnings in the mid to high 40 cents per share. Bought 300 shares at 29 on Tuesday. Ready to unload around 32... Later Vinh

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next