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


To: Mark Oliver who wrote (515)12/28/1998 9:22:00 PM
From: Mark Oliver  Respond to of 723
 
<Any thoughts on whether ESI could have money owed by LG Semicon that would be slow coming if LG looses it's credit facility?>

I have been informed that ESI protects itself through non-revocable LC
since the Asian currency crisis start last year. That should mean there can be no collection problems with LG or any other company.

I imagine it still makes it difficult to sign new business...

Anyway you look at it, this consolidation of Hyundai and LG will be interesting. I guess since they are putting pressure on LG, that indicates Hyundai will be the controlling company? I wonder if ESI has a better relationship with Hyundai, or if it matters at all?

Regards,

Mark



To: Mark Oliver who wrote (515)12/29/1998 1:25:00 AM
From: vinh pham  Read Replies (2) | Respond to of 723
 
Don't know. If LG owes any money, I would not think it would be much. A couple of machine's worth...may be. Looks like ESIO will trading sideways for a while.

Vinh