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Technology Stocks : Genesis Microchip (GNSS)
GNSS 2.165-2.3%Dec 29 3:59 PM EST

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To: OldAIMGuy who wrote (792)1/10/2001 12:41:09 PM
From: trilobyte  Read Replies (1) of 1277
 
Hi Tom,

in this crazy market, I wouldn't be surprise we retrace
some. But it just doesn't worry me. I am quite convinced
we are at the beginning of a significant uptrend, actually
for many more stocks than GNSS. The stocks have been
punished. The analysts have downgraded everything that
smells high tech. The Fed (finally, these goofs) started
cutting. All these suggest better times ahead for stock
prices. All this: very hopefully.

More to the point. GNSS finally seems to be outperforming
its more visible (i.e. supported by large brokerage firms)
competitors like Pixel Works and SAGE. It should continue
as GNSS is winning lots of OEMs. Whereas some of the
competitors seem to be putting out more hype than concrete
results (especially Pixel).

good luck,

Trilobyte
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