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

To: OldAIMGuy who wrote (792)	1/10/2001 1:29:51 AM
From: Area51	Respond to of 1277

50 day ema has been resistance since October so it would be nice to see it break through decisively. clearstation.com

To: OldAIMGuy who wrote (792)	1/10/2001 12:41:09 PM
From: trilobyte	Read Replies (1) \| Respond to of 1277

Hi Tom, in this crazy market, I wouldn't be surprise we retrace some. But it just doesn't worry me. I am quite convinced we are at the beginning of a significant uptrend, actually for many more stocks than GNSS. The stocks have been punished. The analysts have downgraded everything that smells high tech. The Fed (finally, these goofs) started cutting. All these suggest better times ahead for stock prices. All this: very hopefully. More to the point. GNSS finally seems to be outperforming its more visible (i.e. supported by large brokerage firms) competitors like Pixel Works and SAGE. It should continue as GNSS is winning lots of OEMs. Whereas some of the competitors seem to be putting out more hype than concrete results (especially Pixel). good luck, Trilobyte