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To: KLAW97 who wrote (21)8/9/2005 11:31:49 PM
From: KLAW97  Read Replies (1) | Respond to of 63
 
My email list started the night the market crashed in October '97
28 people the first day
Membership is now 483
My email address: KLAWNEWSLETTER@YAHOO.COM

ELST.OB
I'm expecting quarterly report to be released this week.

My target is 1.10
Thinking of adding more and lowering target

I spoke with founder/CEO

" Thank you for your questions on our company. I will answer your questions as best that I can.

1) ELST is currently trading @ 73 cents. What caused the stock’s recent price decline?
The trading volume of ELST stock is small, therefore random trading can make these changes. It was not done by anything announced by the Company.
2) What caused the stock to increase in price in 2000?
The simple answer is that we were discovered by internet traders.
3) At 73 cents. Do you think ELST‘s stock price is a great bargain?
I cannot answer that question because I would be very biased. Review the Company 10K's and 10Q's and apply your own bench marks. We are a very strong company with no long term debt, strong working capital reserves and good technology in the wireless market.
4) Do you plan on buying shares at these prices?
The Company is not planning on it at this time.
5) How did you help Esteem make money last week?
Marketing/Sales and keeping R&D on track.
6) What is being done to increase earnings?
We are building a sales force to increase sells and that will increase earnings.
7) From the end of last quarter, has there been an increase in earnings?
You will have to wait and review the 2nd QTR 10Q.
8) Do you see Esteem generating revenue of more than $1 million dollars a month in 2006?
No.
9) Which of Esteem‘s past contracts, do you personally feel was a significant sign things were starting to improve for ELST? And the reason you think it was an turning point?
Our growth in Public Safety Market in the last two years and the release of our new Ethernet radio the 195Eg.
10) When do you expect this Quarters earnings report to be released?
2nd QTR 10Q should be released in the August time frame.

Tom Kirchner
President
ESTeem Wireless Modems
Electronic Systems Technology, Inc.
415 N. Quay St.
Kennewick, WA 99336 USA
Office: 509-735-9092
Fax: 509-783-5475
Web Site: esteem.com "