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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

GEN 25.98

-1.2%

12:25 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: UNOO who wrote (193)	11/28/1997 7:41:00 PM
From: Marantz	Read Replies (1) of 283

Hi Unoo, I was surprised and dismayed at the drop from $33. If I had known this was going to happen I would have liquidated. Wouldn't you have? But, we never know, do we? We just buy into growing, profitable, companies with what we think are bright futures. I think Genrad fits that description. I havn't seen any press releases or any other news from them for quite some time, so I couldn't say why the stock price has been weak. Maybe it is the simple lack of news that is to blame. No new buyers are being attracted to the company. Those May 35 calls should be cheap enough now that you could buy them back for next to nothing and then not have to worry about having your shares taken away from you during a run to new highs. May is still far enough away that you can't be sure that the options will expire worthless. On the other hand, there is nothing in the recent price action to make me think a run to new highs is imminent. Good luck, Marantz

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next