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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: kentoo who wrote (4439)	3/8/1998 2:55:00 PM
From: Rev. Paris Green	Read Replies (1) \| Respond to of 18691

ESTI is currently being held up by a fair bit of short covering/buying initiated on Friday by a rumour that there was an "announcement" pending by the FDA on guidance for ESTIs "breakthrough". Sorry for the long sentence, awkward I know. But, I spoke with IR at ESTI and they have no clue as to when/if the FDA will respond. ESTI is losing a lot of money, and has just come off a crappy earnings report, as you probably know. Nice coincidence, huh. If there is no news by Mon/Tues, expect a real drop on ESTI. Check out YAHOO msgs on ESTI for more in-depth discussion.