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Technology Stocks : GSLI Lumonics -- Ignore unavailable to you. Want to Upgrade?

To: Cheeky Kid who wrote (286)	8/4/2000 4:07:55 PM
From: Ram Seetharaman	Respond to of 328

Stock will be at $ 30 before you know it! Today's price action is the harbinger!

To: Cheeky Kid who wrote (286)	8/4/2000 6:15:26 PM
From: john p. carney	Read Replies (1) \| Respond to of 328

The person who wrote that article doesn't know what they are talking about. <However, GSI Lumonics, based in Kanata, Ont., is a leading maker of bar code reading lasers and laser-based imprint systems used by consumer packaging, medical and aerospace manufacturers.> They sold that biz last quarter. GSLI expects to have $40M in optical component sales in 2001. Negligible? Not by my definition of the word. GSLI is currently shipping a new memory repair system which promises to vault them into a leadership position in this fast-growing high margin arena. I sure didn't hear Mr. Piccioni saying GSLI was getting ahead of itself 3 weeks ago. I just love how these analysts are so good when given the benefit of hindsight. This guy also said.... "But the company had better-than expected sales and its strong backlog points to very good prospects ahead," he said. Yep. I agree. That's why I own them. John