GenRad Inc.(GEN) entering the ADSL market! Message Board

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Technology Stocks : GenRad Inc.(GEN) entering the ADSL market!

GEN 25.84

-0.1%

3:59 PM EST

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To: Charles Smithers who wrote (92)	6/18/1997 11:12:00 AM
From: Jeff Clegg	of 283

If this is the best yet to come, I would hate to see the worst. Genrad opens at the same price that it closed at yesterday? All I can say is a company with $200 million in revenue receives a contract probably worth over $100-$200 million and the stock barely moves. This is really interesting. Institutions and stock brokers must hate this stock for this type of reaction to occur. I bet there will even be downgrades based on this terrible, terrible news. I would just hate owning a stock that trades at a large discount multiple and just won a huge contract. I think I should go out and short some shares. Then I would be smart enough to work for one of these institutions. If I were Hewlett-Packard, I would come in here immediately and try to acquire Genrad. Perfect business fit. At these prices, Genrad is about 45% undervalued. But then again, what do I know. On a different note, which brokerage firm do you work for? Regards, Jeff

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