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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 (418)7/22/1998 1:35:00 AM
From: vinh pham  Read Replies (1) of 723
 
The yield repair products can handle small geometry down to .18 microns. Capacitor market is down. Looks like the CFT group is
doing well. With all the companies turning to complex hybrid
circuits that command high price, CFT will do good business. ESIO with their varieties of products will hold up well in this down
turn, just like any other down turn. With the stock price under 28,
it is a bargain. As the laser driller becomes more widely accepted,
that business unit will also take off. People are buying the blue
chips of the semi equip ( AMAT, KLAC, NVLS, etc.. ) and ignoring the
ESIOs. Financially, ESIO is in a good shape with 38 millions or over
$3 per share in cash. It will be tough going especially the outlook
for the next 2 quarters are so gloomy. I sure hope they used that cash and the stocks to acquire a sizeable company . With so many
company with depressed stock prices, this may not be a bad time for
ESIO to be shopping.

Later,

Vinh
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