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

To: Ram Seetharaman who wrote (2300)	1/27/1999 5:06:00 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 3493

So what do you guys think? ESST headed for the teens or back down to $5? bp

To: Ram Seetharaman who wrote (2300)	1/27/1999 5:40:00 PM
From: Steve Reinhardt	Read Replies (2) \| Respond to of 3493

Ram, I made a prediction back in Dec., '98. Message 6798013 To: view (2191 ) From: Steve Reinhardt Friday, Dec 11 1998 5:57PM ET Reply # of 2303 I'd like to forecast ESS revenue for 4Q,1998. I predict that ISA audio, PCI audio and modem all together will be around ~$45 million, while VCD/SuperVCD will generate about ~$30 million for 4Q,1998 revenue of ~$75 million.======== ======actual $78.2 million Gross margin is about 42%. or ~$33 million.== =====actual 28%. OR $21.9 million Net margin will be 10%. or ~$7.5 million===== =====actual 6.09% or $4.768 million EPS is between ~15 cents to ~18 cents.=======actual 12 cents With 4Q/98 of 12 cents, I predict 1Q: 20 cents, 2Q: 8 cents, 3Q 10 cents for a $0.50 annual earning. Current P/E= $8/$.50 = 16. With projected PE of 20 to 25, the price will move towards $10 ~$12.50. Any comments? Steve