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: vinh pham who wrote (425)	9/4/1998 3:55:00 PM
From: Mark Oliver	Read Replies (1) of 723

Vinh, Things have been a little rough to say the least of late. I wonder where the bottom is going to be? I'm looking at estimates of $16 as book value. Still, there are a lot of companies in this group trading under book. Is it possible we could see ESI go under $16? There's an annual meeting coming up. If you attend and get a feeling of the mood, I'd love a report. I've noticed the usual premium of ESIO options seems to be down. You can buy Sept 20's for 5/16ths. That seems like an interesting bet. Any renewed interest in the stock will cause a rapid rise as we saw the other day. Unfortunately, I think most of the shareholders are holding on and the price is just moving on day trades and the whim of market makers. If the MM's want to get the prices back up, it will rise fast. I did buy some March 20 calls. They were trading at 2 1/2. I thought it was a good deal. I was up 35% the next day, but didn't take the profit. Now, the price is back. :( Regards, Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next