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Technology Stocks : Genesis Microchip (GNSS)
GNSS 2.220-0.4%9:30 AM EST

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To: Paul Senior who wrote (1270)1/31/2007 12:12:25 PM
From: OldAIMGuy   of 1277
 
Hi Paul, I'm still in limbo with GNSS. The last time I bought more shares was with the price not too far from here. So, I don't have the desire to add to the position unless deeper discounts are available.

Still, I'm keeping a GTC order in place to sell off about 5% or 10% of my holding should the price recover back to the mid-teens. I remember when I first bought into GNSS. I'd been to a trade show in Feb. of 2000 and maybe 1/3 of the booths had the new "flat screen" monitors that were just showing up then. A year later at a similar trade show, even though flat screen monitors were still extremely expensive, the ratio was up to about 2/3 flat screens.

I bought a 32" flat screen LCD "HD-TV" monitor for around $800 a couple of months ago. My how things have changed. So, there's some validity to the other comments here about monitors becoming a "commodity" and therefore having somewhat limited potential profits for the component suppliers.

I'm hoping for one more sine wave!

Best regards, Tom
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