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

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

GEN 26.36

+1.0%

3:59 PM EDT

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To: james bravick who wrote (252)	7/20/1998 10:04:00 PM
From: Dracman	of 283

Jim: Like everyone else I can't get a good feeling from their IR people. My guess is maybe a nickle less than expected, not like Q1! J Lyon's has repeatedly said he will grow earnings by 25% for the next three years and I believe him. Q2 may be a little weak as the electronics business has not been as strong as usual and they have lost some of their best sales people over the past 6 months. the wild card this quarter is if the Automotive group can produce any profits whatsoever (I doubt it) and if the GR Software organization is kept to at least a break even (I doubt that also). Remember that GR took a big writeoff in Q1 and never listed or talked about what went into that writeoff. I would expect that they preloaded some Q2 costs and therefore saved a few pennies to make this quarter look better that it really is. I would expect the top line to be a few million below last quarter and the COGS line to be much below last quarter with a sever cutback in travel and expenses should then yeild something close to expectations. That's my guess. If it's above expectations, enjoy the ride. If it's below expectations, then hang on for the long haul. This is one stock that I believe will double in less than 2 years when their Automotive biz kicks in. Frank

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