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

To: Richard Makowiec who wrote (2197)	12/15/1998 11:43:00 AM
From: Steve Reinhardt	Read Replies (1) \| Respond to of 3493

E-commerce? ESST strives to be a solutions company. Let's see what specific products Chan will announce to address E-commerce. To only use fashionable phrases like "Internet" and "E-commerce" will not carry you very far........ If we can hear specific products being developed for E-commerce no matter how much software resources ESST need to use, will help Chan's credibility a lot. Otherwise his act will be just like his competitor. HYPE. Steve ".....Mr. Chan continued, ''The digitalization of multimedia and the Internet are the latest industrial revolution. With our core technologies and market presence, we are well positioned to play a key role in this revolution. This new business unit will use ESS technologies to expand our market offerings into the Internet arena. An example of the synergies of our product line and the Internet is our Web Browser chipset introduced last month which uses ESS' digital video and modem chips and has already been chosen for several new designs by our customers. ''Now, starting in Asia with joint venture partners, we will offer components, systems and applications to service the many aspects of the Internet. These new products and business opportunities will include complete systems, Internet Service Providers (ISP), Internet Content Providers (ICP), and E-commerce. We will choose joint venture partners with complementary strengths to enable us to expand our business in these exciting areas,'' Mr. Chan said...."