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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Prophet who wrote (4016)	3/18/2002 2:08:41 PM
From: Dave Gore	Read Replies (2) \| Respond to of 16631

Yes, BRCD is scaring the pants off many longs, I suppose, so it will be interesting to see if this is just manipulation or what. The CEO sure was upbeat a couple weeks ago, so its hard to believe the wheels have fallen off, but who knows. That's why THEY want people to think. The stock is near the lowest close in awhile right about here as the NAZ weakens.

To: Prophet who wrote (4016)	3/18/2002 2:44:04 PM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

BREAKING (good) NEWS ----------- GNSS 14:00 -- 15:00 ET (Updated throughout the hour) Genesis Microchip (GNSS) 29.96 +0.31: CIBC World Markets reiterates Buy rating and $45 price target in an intra-day note, following GNSS's filing of patent infringement lawsuit against its three principal Taiwanese competitors on 3/15, an action which should impair these competitors from penetrating large flat panel display OEM accounts, in near term. Firm believes these Taiwanese competitors represented GNSS's near-term market share threat (up to 20%), due to their low-cost products, designed almost identically to GNSS's socket arrays (ICs designed to GNSS slots, so that FPD OEMs do not have to re-design for their chips). SmartASIC, one of the companies hit with lawsuit, believes GNSS's claim is totally without merit and intends to fight it....Today has been a rocky day for GNSS, but it is trading up from Friday's mid-day levels.