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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who started this subject2/4/2002 9:18:34 AM
From: Joe Stocks   of 787
 
GNSS looks to get some competition from STM. Could be a set-up for a good short on GNSS. From briefing.com on Saturday:

19:24 ET Genesis Microchip to see competition from STM says Barron's (GNSS) 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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