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Technology Stocks : Electro Scientific???

ESIO 29.99

0.0%

Feb 1 4:00 PM EST

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To: Mark Oliver who wrote (515)	12/28/1998 9:22:00 PM
From: Mark Oliver	of 723

<Any thoughts on whether ESI could have money owed by LG Semicon that would be slow coming if LG looses it's credit facility?> I have been informed that ESI protects itself through non-revocable LC since the Asian currency crisis start last year. That should mean there can be no collection problems with LG or any other company. I imagine it still makes it difficult to sign new business... Anyway you look at it, this consolidation of Hyundai and LG will be interesting. I guess since they are putting pressure on LG, that indicates Hyundai will be the controlling company? I wonder if ESI has a better relationship with Hyundai, or if it matters at all? Regards, Mark

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