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


To: Steve Reinhardt who wrote (2219)1/8/1999 12:23:00 PM
From: Synapsid  Read Replies (1) | Respond to of 3493
 
I was watching delayed live trading on ESST at quote.com for a few minutes when all hell broke loose at 11:43am, with several hundred thousand shares traded in minutes and the price shooting up from 6.5 to beyond 7.5, before going back to 7. Was this a delayed reaction to the MP3 news?



To: Steve Reinhardt who wrote (2219)1/8/1999 2:07:00 PM
From: Ram Seetharaman  Read Replies (2) | Respond to of 3493
 
Hai Steve ! - both ESST and DIMD are both "smoking hot" today in the market with ESST seeing a new 7+ and DIMD seeing a new 8+. The ESST Chinese connection is pretty cryptic to me, as I know not a whole lot of companies who have "made money" in China! Participating in the market is one thing - making money is another! But the RIO product of DIMD has sure caused a riot! Downloading music over the internet - pretty progressive and global! The record industry was sure ticked off! They sued and that suit hasn't caused a dent to DIMD! I think both DIMD and ESST are fast heading into the teens. DIMD has deals going with IBM etc. ESST still has to complete their stock buyback. They have been impressing Wall Street lately. Stock has doubled in the past few weeks! If they show some sales and profit increase they should hit $ 20. I am bullish on both DIMD and ESST. Hambrecht & Quist gave ESST a buy few days ago. Some other analyst gave DIMD a price target of $ 15!
Seems like a happy marriage to me!