ESST-the new beginning. Message Board

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Technology Stocks : ESST-the new beginning.

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To: Ram Seetharaman who wrote (2325)	1/31/1999 1:12:00 PM
From: WTSherman	Read Replies (1) of 3493

All those who buy ESST at the $ 7 level will be immensely rewarded by late 1999, as sales and profits improve. Maybe... I think that there is one big lesson that everyone should learn regarding ESST and its brethren in this area of the semi market... Namely, that time and again its been proven that it is almost impossible to stay on top. Leadership is constantly changing and any company's prospects are hard to project out more than a few months due to competitive pricing pressures. I agree that ESST should appreciate significantly over the next 6 months. But, I would suggest that the record indicates that the best time to sell is when everything seems to be going in the right direction. There are too many players and the barriers to competition are too low for any company to remain highly profitable for long...

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