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Technology Stocks : Genesis Microchip (GNSS) -- Ignore unavailable to you. Want to Upgrade?

To: Joe Veres who wrote (419)	9/29/1999 7:51:00 PM
From: Greg Jung	Respond to of 1277

Well we're all present and accounted for on this ship of fools. I added yesterday, my first dip into margin and I'll abstain for more until after the market correction has unfolded. (When it has there will be several corpses lying low through November-December, hopefully not gnss, but possibly). The problem with these stall-outs is when the company is geared for high growth and the sales don't follow the script, the expenses can have a sort of momentum that leads to trouble. In this case the industry was already throttled back by LCD production shortfall made worse by the earthquake.

To: Joe Veres who wrote (419)	9/29/1999 8:19:00 PM
From: Danny Chan	Read Replies (1) \| Respond to of 1277

Joe. I have to admit that buy on the way down needs courage because you are going against the majority. But for a long term investor, the lower the price go, the lower the it will cost you to buy. I don't mind further fall of the price unless the fundamental is deteriorating. But so far, I don't see it coming and I'm even more convinced to flat panel technology after my new computer last month with a 15 in flat. It's something that once you have tried it and you wouldn't want to switch it back. Kevin Landis is an excellent chip analyst. It would be interesting to see his holding activity on Genesis next month. Good luck.