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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 (512)12/4/1999 11:23:00 AM
From: Minos  Read Replies (2) of 1277
 
MH,

I have to agree about the screaming buy. I mean, not only has it shown tremendous revenue growth historically, but it also seems to be in a real sweet spot of the semi industry going forward. I mean, semiconductors for flat panel displays, home theater equipment, projection systems and video workstations....geez, it's got so much potential.
I think about it like this: it is really a peripheral play on Internet, Media and Communications industry growth. When they announced the Paradise acquisition about a year ago it traded up to around 30. Now it's half that much, and a stronger entity to boot. Nevertheless, with the market screaming, it's been real frustrating that this thing has just bounced around from 16 to 20. I hope we get some news that pumps this thing up...soon.

-Minos
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