GenRad Inc.(GEN) entering the ADSL market! Message Board

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Technology Stocks : GenRad Inc.(GEN) entering the ADSL market!

GEN 26.29

-0.3%

Nov 3 3:59 PM EST

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To: UNOO who wrote (176)	8/29/1997 5:18:00 PM
From: Marantz	of 283

Unoo, I can't believe you sold on the belief that Genrad would fall a meer dollar before resuming it's climb. I could see selling if you thought it would lose more than ten percent of it's value and not recover, but a dollar? Management has stated that the deal with Ford will add 15% to revenue each year for the life of the contract. That's good news in itself. What if they forge a similar deal with GM or Chrysler or any other major auto manufacturer for that matter? What about their other business units? What electronics company doesn't want to fine tune their manufacturing process with the tools that Genrad offers? Also, you may not remember but I do remember the CEO stating that since the company turned profitable and the company's net asset value turned positive, they have gotten some buyout inquiries. I'm a long time holder who has always bought on the dips. Unless the company is sold out from under me, Genrad will have to reach a price that I consider rediculously over valued before I sell it. Luck to you, Marantz

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