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 : Electro Scientific??? -- Ignore unavailable to you. Want to Upgrade?

To: Elwood who wrote (263)	10/29/1997 2:56:00 PM
From: Mark Oliver	Respond to of 723

I'm a fundamental investor. My gut, uninformed feeling is that selling ws on very low volume meaning most of the people holding shares weren't scared away. Then, when those investors who did sell come back in, they'll not be so many sellers so the price will go up. Problem is not technical. Problem is people have gotten scared that new equipment purchases will be held back due to Asian currency problems. Does anyone know the state of Korea currency? The Japanese probably won't be hit too hard and they have such low interest rates. Tawian and Singapore will need to stay strong. They all will be injured by currency problems, but not as badly as Thailand, Indonesia, Malaysia and Phillipines. Honestly, it is a very shakey time. I don't know what to do. I'm totally invested and would like to buy options, but ESIO options are paying very high premiums and I don't see it as a good bet. So, to answer your question, I don't have a clue. Regards, Mark