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Technology Stocks : Electro Scientific???

ESIO 29.99

0.0%

Feb 1 4:00 PM EST

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To: vinh pham who wrote (527)	1/15/1999 2:36:00 PM
From: Mark Oliver	Read Replies (1) of 723

Took a $15 profit on Onsale last week. Couldn't stand the drama of going to be and then seeing the market results the next morning. I sold some Feb 45 calls on ESIO and have thought about buying them back, but have held off so far. Seems like a toss up as to whether ESIO will be up or down from here? Laser drilling is very cool. Can't imagine not using it. No wear parts, and very fast. What more could you ask for? Really weird to see Micron doing so well. Means the market thinks Asian makers have slipped in technology and that they expect some shortages. Can't expect Asia to hold back too long. Still, more and more it looks like the Japanese are shifting away from DRAM, and giving the market to Korea who is still very unstable. What will happen with the Hyundai/LG merger. Will they scrap a lot of capacity, or upgrade it. Will the money be there? The market seems to think it will. Is Micron a good customer? So, any ideas if they'll replace Barry Harmon from within? Regards, Mark

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