Genesis Microchip (GNSS) Message Board

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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: Si_Detective who wrote (1025)	7/3/2002 1:22:01 PM
From: OldAIMGuy	Read Replies (1) of 1277

Hi John, Well at least someone wants to think that $7.50 isn't a bad place to own this stock........ ....... Investors were also taking positions on Genesis Microchip. A trader sold 6,000 July $7.5 put contracts, taking money off the table on weakness in shares of the chipmaker. If put to him, that's a tidy sum! If not, I hope the premium was nice and fat! Best regards, Tom (still waiting to see the whites of their eyes!!!)

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