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To: Synapsid who wrote (2402)2/18/1999 12:47:00 PM
From: Steve Reinhardt  Respond to of 3493
 
Synapsid,

Nice find.

Steve



To: Synapsid who wrote (2402)2/19/1999 12:57:00 PM
From: SuperSonics  Respond to of 3493
 
They mentioned Sony Vio notebooks too, they are also using ess audio chip.



To: Synapsid who wrote (2402)2/19/1999 1:06:00 PM
From: Steve Reinhardt  Read Replies (1) | Respond to of 3493
 
Do you or anyone care to comment on the earning forecast for 1999?

Some say it will be 25 cents, then it justifies current price
move to $5.00 based on a 20 to 22 PE. With 11 cents for 4Q,98,
the 25 cents for FY99 (or roughly $10 million) seems not too off.

Now for ESS to break over $9 or $10, it ought to have an earning
momentum to the 45 to 50 cents for the FY1999. This translates to
about $18 to $20 million of earning.

Heard a rumor that some company tried to acquire ESS last year
when the stock was in the below $5 range and was brushed off by
ESS. Wonder at what price will ESS agree to be acquired.

Steve