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


To: Bob Howarth who wrote (521)12/6/1999 10:16:00 AM
From: The Ox  Read Replies (2) | Respond to of 1277
 
Don't get too hung up on the man's track record. That alone doesn't make GNSS a good investment.

Even though we have a 10% pop in one day, it's just the beginning, IMO. This stock is seriously undervalued when compared to it's peers. I think this one should be trading in the upper 20s/lower 30s based on my valuation model. This is based on a low end target of 40P/E and 70 cents earnings for FY01. I believe both targets are in the low end of the true range, as I expect earnings growth to show more then 40% and 70 cents is my conservative target for FY01.

We've only just begun.....

Do your own research. I'd like to hear other opinions, pro or con.

TIA,
Michael