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Technology Stocks : Genesis Microchip (GNSS)
GNSS 2.380-0.8%Nov 7 9:30 AM EST

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To: geoffrey Wren who wrote (1006)6/10/2002 7:38:10 PM
From: GregS   of 1277
 
Interesting the GNSS on list to be added to Russell indexes in early July:
russell.com

Could all these broker downgrades be an attempt to acquire GNSS cheaply to sell to index funds later?

Who knows? But with a trailing P/E of 15 or so, and a forward P/E in the 10's, this one is a bargain.

That being said, I think it can be had for around 10 later in the month. Only time will tell for sure.
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