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: OldAIMGuy who wrote (1086)	8/6/2003 1:15:54 PM
From: geoffrey Wren	Read Replies (1) of 1277

GNSS down today on news that the merger with PXLW was cancelled. No surprise there. I sold my last big chunk of GNSS at 13.50 or so, as I did not like the feel of things. Got a little SIMG at that time, but it is not moving much. I have been lucky in getting in and out of SAGI (merged in GNSS) and GNSS itself over the years. These companies have their ups and downs. GNSS may be a good buy now, but I will wait, since it likely will sink further. So much bad news piled onto that stock right now. Right now some look-to-buy at 7.75/6.25/5.00 is the idea. Will wait to see if the opportunity presents itself.

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