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Technology Stocks : GenRad Inc.(GEN) entering the ADSL market!
GEN 26.78-0.6%3:59 PM EST
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To: Charles Smithers who wrote (12)2/6/1997 3:12:00 PM
From: Marantz   of 283
 
Potential suiters! That is what Mr Lyons says in the last line of the following snippet(source Dow Jones.) You predicted it. Let's see if it comes to be.

Speaking to securities analysts and mutual fund managers Thursday at the Fourth Annual
Emerald/HomeState Groundhog Day Investment Forum, Lyons says GenRad is poised for more
than $220 million in revenues this year. That figure is roughly 20% above the $184 million in
revenues last year for the international maker of test systems used in electronics.

''We've come through the financial turnaround, and we divested everything that doesn't have to do
with our core business,'' he says.

The result, Lyons says, is a company that gained market share for the first time in 12 years.
GenRad is also debt-free and suddenly getting calls from potential suitors, Lyons says.
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