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Technology Stocks : Genesis Microchip (GNSS)
GNSS 2.330+3.6%3:59 PM EST

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To: The Ox who wrote (878)7/13/2001 11:54:51 AM
From: geoffrey Wren  Read Replies (2) of 1277
 
GNSS gets an upgrade one week after Baron's article suggest price may have got ahead of itself? Baron's had some good points. I treat my GNSS as a long term holding, but if I were trading it, I'd consider selling with this up bounce from the upgrade. The upgrade analyst has a price target which works out to a P/E of 41 for year '03. That's pricey.
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