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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Richard K. who wrote (16500)6/11/1999 12:05:00 PM
From: InOverMyHead  Read Replies (2) | Respond to of 25711
 
Richard,

I would not be surprised at all. MMs typically use this period of quietness to lower the price and shake out some weak hands. I was going to add @ .15, but I will wait for it to go below .12

IOMH



To: Richard K. who wrote (16500)6/11/1999 12:15:00 PM
From: Joe Copia  Respond to of 25711
 
THREAD ALERT:

ELST book value of .44 SEC filer. recent contracts awarded. DSo your own DD

KENNEWICK, Wash.--(BUSINESS WIRE)--June 11, 1999--Electronic Systems Technology, Inc. (EST) (OTC:ELST - news), today announced the Company will issue a one-time, noncumulative, cash distribution to shareholders of record as of June 25, 1999.

The distribution will be in the amount of $0.01 per share of common stock for a total amount of $49,536.67, and will be completed by July 9, 1999.

Electronic Systems Technology, a publicly held Company since 1984, is a manufacturer of wireless communications hardware for both industrial control and public safety marketplaces, and was the first Company to develop the wireless modem and receive the United States and Canadian patents for this technology.

Contact EST for more details.

--------------------------------------------------------------------------------
Contact:

Electronic Systems Technology
Tom Kirchner, 509/735-9092
509/783-5475 (FAX)
esteem.com