Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ESST-the new beginning. -- Ignore unavailable to you. Want to Upgrade?

To: Bexar who wrote (3354)	4/30/2002 9:02:50 AM
From: Return to Sender	Read Replies (1) \| Respond to of 3493

And there it is... the other shoe. Obviously the fact that this story was to be run in the Wall Street Journal was leaked. Yes the market has been brutal for technology stocks lately but when a stock like ESST beats expectations by 10 cents and raises its guidance for the upcoming quarter the stock should not fall like this one has been. Nothing but good news and the stock falls like a rock? ESST has done little in the way of gaining investor favor lately despite being one of few technology stocks actually showing growing profits. Clearly the story has been leaked and there has been manipulation going on. The SEC should be contacted. The stock is down below 15 in the pre market. It will probably sell off and rebound some over the next couple of days but this really hurts. There is nothing in that story that I myself did not write here on this thread except that I see no signs yet that the demand for chips is slowing. Why would they raise guidance if demand was slowing? RtS