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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: HB who wrote (27683)	4/24/1998 1:06:00 PM
From: Mark Oliver	Respond to of 132070

I make a lot of mistakes, but ESI seems to be a great value play. They have a leading position in many markets that seem to have great potential. All there products lower cost, and do not rely on new facilities coming on line. They may take 3 months to 1 year to play out, but I think there's a trend here that will provide support to make money. I look for a return to highs in one year. As far as day trading? I look for under 35 as a good price. This stock is thinly traded and that's helped some goups push the price around. I believe nothing much is really happening to make the price go from 35 to 40 and then back. I think if they can get the price down to 35, they'll quickly push it back again. If the market takes in back to 32, I would say it's a great buy unless there is more news. There is a good premium on their options. Some good plays on selling calls would seem to be no brain winners. A June 30 Call would make you 3/4, granted no very much, but would cover you all the way down to 29. Hardly seems possible to loose money on this one, but not very sexy. In the end, at least there is a strong company behind this investment. Time would seem to on your side here. Regards, Mark