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


To: Mark Oliver who wrote (370)4/8/1998 12:05:00 AM
From: Elwood  Read Replies (2) | Respond to of 723
 
I think the Asian problem is going to get much worse b4 it gets better. My understanding is the financial institutions have one hell of a lot of bad loans on the books and need substantial cash to cover to avoid collapse. Japan is getting worse, Korea ready for round 2, as well as Malaysia, and Indonesia is in terrible shape. China is holding for now, but their GNP has been declining for a while, this could be round 2 of the spiral. And then include S. America too. ESIO (& others) will be under severe pressure, I would recommend getting to the sidelines and waiting for the shoes to drop.

E



To: Mark Oliver who wrote (370)4/9/1998 12:23:00 AM
From: vinh pham  Respond to of 723
 
Heard that a lot of drilling sales are in Taiwan. You heard from the
that conference call that ESIO could have shipped many more
systems.

Waiting for the price to drop below 35 before I resume buying
ESIO stocks. Just started doing my tax yesterday. I was counting
the number of trade slips in ESIO.....wow...over 50 trades in the
last 10 months. Only make 100 to 500 dollars here and there
but it sure adds up.

Later.