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Technology Stocks : ESST-the new beginning.

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To: Ram Seetharaman who wrote (2202)12/21/1998 8:26:00 PM
From: Richard Makowiec  Read Replies (1) of 3493
 
Hey Ram...I seen the upgrade (well, not the actaul report...just on the wire). Seems like HQ has their magnifying glass in use on their picks (from the past as I have followed). They are very tech sector focused and are cautious in up/downgrades. Nice to see that ESST tipped their scales and was determined to be worthy.

Side note: HQ more times than not...is early for a party (premature relative to trendlines). To me it signifies a further uptrend a couple months away. I hope that ESST will buck the odds here and warrant a break through $6 1/2 sooner;) The co. seems to have a shot at it here with the comp. sector going ballistic in pc sales. This qtr. should be a profit absolutely IMHO...despite weak margins on the PCI chips...unit volume is way up from what I can gather.

Look for mid 99 to really set the stage for share price recovery ($12 maybe)...I am anyway.

Happy Holiday's!
Rich
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