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

To: Ram Seetharaman who wrote (2280)	1/19/1999 8:42:00 PM
From: Richard Makowiec	Read Replies (3) \| Respond to of 3493

Actually it did trade lower than $7.5. Higher than normal volume though. Somebody stepped in on the weakness early...pulled it back up. I hope it was a house or fund accumulating. This stock is absing real nice. No pre-warnings about earnings from ESST. If they report a decent profit (not a penny or two) we may have a couple more upgrades over the next few weeks (maybe one the day after earnings if they are good enough). If ESST reports weak (pennies in the black) and no forward looking statements from Fred for the future...it will pull back to $5-5 1/2 quick. Doesn't mean disaster totally...just means the recovery will need more time. Fred will be very careful about statements...he knows how to keep ESST away from shareholder suits..I'm sure he'll continue. Don't look for comments unless he is very confident about 1999. I hope he mentions something about the book to bill rate for Audio...I anticipate (speculate) it will be 1.10 min, probably alot higher...I just hope he mentions it. Good luck friends...nice comments from everyone...just gotta play the waiting game now until earnings release. Rich