ESST-the new beginning. Message Board

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Technology Stocks : ESST-the new beginning.

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To: Rishi Gupta who wrote (2166)	12/3/1998 5:43:00 PM
From: Ram Seetharaman	Read Replies (1) of 3493

ESST's involvement with China to reap profits is not strategically appealing. There are multinationals like Ericsson- ERICY who have made money in China - but not for long and there are not that many companies who have shown consistent profits in the Chinese market. China is not capitalistic and is not a free enterprise system. Thus ESST can only realize some short term gains for a year or two. If these gains are not significant then this stock will continue to be a laggard. Then the only way for ESST to grow is to show consistent revenue and profit growth in other markets including the U.S. Then ESST will see a price of 20 +.

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