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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: Jeff Clegg who wrote (148)7/3/1997 12:41:00 PM
From: Kirce Stojanovski   of 283
 
Jeff I have sold my position in Genrad as if yesterday.

Why?

I think there must be some obstacles in the negotiations in signing the contract, otherwise they would have already announced the signing. It has been 2 weeks since the last news release. I would think if the contract was signed, sealed and delivered then there would have been a release.

Sure they won the contract, but signing it and actually getting revenue is something else.

Genrads earnings are coming out soon, and they haven't gotten and revenues from this contract. I hope they beat estimates (.28c), but they might not.

We will see fairly soon. I am doing a straddle of Aug 20s
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