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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: c. carlson who wrote (1100)1/5/2004 2:36:48 PM
From: OldAIMGuy   of 1277
 
Hi CC, It was a good year for trading this stock. I ended the year with a 30% gain overall including the cash I reserve for the stock. Price per share was only up 13% for the year, so the trading helped out quite a bit.

aim-users.com

Looking at "Return On Average Capital At Risk" (to compensate for the rather heavy cash holdings on average) the ROCAR would be about +43%.

It was a year of some peculiar happenings. There was the potential merger that fell apart. A law suit that didn't go their way. Potential License payments to be made in the future. Yet, the business has been pretty good, but we're not seeing much at the bottom line these days.

Best regards, Tom
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