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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (14331)	9/9/1998 9:14:00 PM
From: Candle stick	Read Replies (2) \| Respond to of 120523

What do you folks think of ESCC, Evans and Sutherland? Beaten down from mid 30's to 14, company announced 1.2 million share buyback today. Only 11 million shares outstanding.....any thoughts? See this: Evans & Sutherland Selected as Prime Contractor for German Airforce Training Center biz.yahoo.com and this: Evans & Sutherland Announces Intent to Repurchase Additional Shares biz.yahoo.com Comments from James R. Oyler, President and Chief Executive Officer ''We believe the stock is undervalued at the moment, and represents an unusual buying opportunity. We have sufficient cash on hand to meet all our internal needs, and expect to be cash positive in the third and fourth quarters. Expanding our previous share repurchase program at this time is a sound use of our cash and will benefit all our shareholders.''