Genesis Microchip (GNSS) Message Board

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Technology Stocks : Genesis Microchip (GNSS)

GNSS 2.140

-1.2%

Dec 31 3:59 PM EST

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To: devonian who wrote (526)	12/7/1999 12:47:00 AM
From: Greg Jung	Read Replies (2) of 1277

MRVC - I like it too but can't trust it. :) I already wrote a note but it got swallowed either with a bug in server or operator error. I benefitted from two of MRVC's big moves, from 9 to 12/14, from 12 to 18, and I scalped a little when it last pulled back to 18. I took profits before earnings report and had only a little up until friday. I also didn't buy Juniper at 80, 100, 120, etc. As I said in the lost note, by relative value MRVC deserves as much as it can ever fetch. Even after holding it so much (I had it for a brief moment after it first fell to 6) I got my first mailing from the company. The 1998 annual report (?). And the stockholder's meeting material showing how smart these guys were, to reprice all of their options at $5.25; under threat of disbanding the company, evidently. Shit like that allows me to let go of any emotional commitments I had against taking profits. Now with Genesis, these guys are Canadian and maybe a bit less greedy. Do you suppose? -g-

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