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Technology Stocks : Electro Scientific???
ESIO 29.990.0%Feb 1 4:00 PM EST

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To: Henry D who wrote (586)6/4/1999 9:04:00 PM
From: Mark Oliver  Read Replies (1) of 723
 
Henery, I was looking at a chart trying to make some conclusion, but there's not much to see.

techstocks.com

Clearly, the other back end companies are doing better and ESIO has lagged behind the rally this week. Maybe that means they are ready to catch up, they often do, but there doesn't seem to be much to bring attention to ESI.

I'm tempted to buy some calls though. I read a lot of positive info about renewed equipment spending, but it may be that memory spending is not as strong as other semi types. Still, ESI is not a memory only company. We have a wide array of products and it's my hope to see laser yield improvement in other technologies.

I'm tempted to buy some calls, but I don't really feel strongly that there's a big move coming. It would be much more likely if we'd been beaten down to the low 30's.

We need news or something to bring life back to this company.

Regards,

Mark
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