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Strategies & Market Trends : The New Economy and its Winners
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To: fedhead who wrote (10414)2/3/2002 2:09:57 AM
From: Bill Harmond  Read Replies (1) of 57684
 
From Briefing:19:24 ET GNSS Genesis Microchip to see competition from STM says Barron's (59.80)
In Barron's tech section, an unnamed short-seller of GNSS says that the company will soon face competition from STMicroelectronics (STM 30.75), which can drive down sales prices for flat panel chips to $8 as it owns its own chip factories; the money manager says this could push GNSS margins down to 25% from 45%.
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