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Technology Stocks : Genesis Microchip (GNSS)
GNSS 2.3400.0%12:58 PM EST

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To: OldAIMGuy who wrote (1170)9/14/2005 8:00:43 PM
From: Peter Dierks  Read Replies (1) of 1277
 
I am again a newbie on iHub. They don't have much in the way of rights, so I stick it out over here.

I needed to raise some cash and sold some of what I had left of GNSS. Until we see some volume sales, it is unlikely to retreat much. The buys at the end of Q2 bore the unmistakable mark of institutional buying. They don't generally trade in and out very fast.

The technology is important. They must be producing quantities. Margins don't appear to be very high.
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