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Technology Stocks : Genesys Telecommunications (GCTI)

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To: Alex Engelgardt who wrote (25)10/16/1997 8:17:00 PM
From: Harry Simpson   of 220
 
Alex,

Today's drop more likely than not resulted from the pounding the general market took. A lot of stocks, large and small, saw some air taken out of them.

None the less, the earnings reported by Genesys indicate that the company is moving in the right direction, with full speed and leveraged for a diverse, strategically-partnered, and international client base. Expect them to continue their measured, but rapid growth in the top and bottom lines.

BTW, you will also note that Michael McCloskey was appointed the COO. He is an experienced finance and operations pointman with a couple of other start-ups under his belt.

This recent drop may be the best time for investors who thought the price was too high to get in on a great growth company.

Best of luck on your investments.

Harry
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