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

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

GEN 26.32

+0.9%

2:52 PM EDT

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To: Ted The Technician who wrote (241)	6/12/1998 9:13:00 AM
From: Dracman	Read Replies (1) of 283

Ted: You mis-interpreted one key point from the GR news release. The 10% cut in workforce in Q2, (6/11 & 6/12), is not from a newly aquired company but rather mainly from their EMS core product line. This underscores dramatically what James Lyons said about softening demand for their manufacturing board test products. When the Automotive product group finally kicks in with deliveries to Ford you may see a nice uptick. Nothing in else in this company has anything to offer (positive, that is) to the bottom line. At best this is a $20 stock for the rest of this year. I don't think you'll see thirty again for quite a while. There was suppose to be a conference call this morning at 8am. Does anyone have the pin #??

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