Website is www.genscan.com I am long on this company as they are diversified even though they are viewed as a semi equipment company. They are involved in much more. I recently pulled out for the short term only due to litigation and other's perception of their pseudo sector. They have 3 lawsuits pending, one with ESIO for the usual patent infringment, one with VECO I believe, not sure, both of these in my opinion are minor and won't be decided until much later. The third with VOXL however, was supposed to be decided by March 30 then was postponed until May 7th due to illness. Though my information is limited, this case seemed to favor VOXL thus I sold off until I could see the market's reaction to the verdict. This is IMO why the price is low right now.
They have excellent solid management, numerous new products and are an excellent long term investment. My personnel plan is to wait out the verdict then jump back in. If they lose, I am hoping to get in under 15 if they win, I'll grab a dip. They make equipment for aircraft composite structures, a fast growing field (I'm Air Force), Semi equipment for auto, computer industry etc and printers for cardiograms etc. They also have digitalized film products etc etc etc. They are definitely a Co for the future but with uncertainty for the extreme short term. Hope this helped. |
