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Technology Stocks : ESST-the new beginning. -- Ignore unavailable to you. Want to Upgrade?


To: Steve Reinhardt who wrote (2125)11/12/1998 3:02:00 PM
From: MulhollandDrive  Respond to of 3493
 
Steve,

What type of announcements from ESST would you be looking for over the next few weeks. Moving the stock from here to $10 would take some big news. Although, today's action is impressive, seems like an "over-reaction" to the news. Do you know the current short position, some of those blocks could have been short covering, if there were any institutional short positions.

bp



To: Steve Reinhardt who wrote (2125)11/12/1998 10:02:00 PM
From: Ram Seetharaman  Read Replies (1) | Respond to of 3493
 
A closing price of 6 7/8 today at 2+ million volume is impressive. In the final hour of trading there was even a higher runup! If the momentum is there for tomorrow and beyond, it will be interesting. Not bad for a stock that traded at $2+ few weeks ago. Anything connected with the internet seems to be booming these days. Look at the company EBAY!