Genesis Microchip (GNSS) Message Board

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Technology Stocks : Genesis Microchip (GNSS)

GNSS 2.180

+1.9%

3:59 PM EST

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To: The Ox who wrote (511)	12/3/1999 4:06:00 PM
From: The Ox	Read Replies (2) of 1277

This stock has to be one of the screaming buys in the semi industry. Stock is trading at a 18 forward P/E and expectations are for over 40% earnings growth during this same period. Revenue growth was well over 150% this year. I averaged up today and bought a boat load at 18 1/8 and 3/16s. I'm done buying for now. Will sit on this one until the street wakes up a little, unless they want to push it back to the 16s....then I'll find more money to spend. Looking to the future........ Just my highly biased opinion, Michael

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