SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Genesis Microchip (GNSS) -- Ignore unavailable to you. Want to Upgrade?


To: Spreck who wrote (997)4/25/2002 12:22:49 AM
From: Paul Moerman  Respond to of 1277
 
I don't think it is company-specific. The whole tech market is jittery right now. I'm holding because GNSS is profitable, no long term debt, and sells at a p/e (~18) that is below its growth rate (~28%). Not a lot of tech stocks can claim such a favorable combination of valuation measures! About the only thing I don't like is its market cap to sales ratio of about 4. I'd much prefer 2 or less.



To: Spreck who wrote (997)4/25/2002 8:47:11 AM
From: OldAIMGuy  Read Replies (2) | Respond to of 1277
 
Hi S, I still have about 1/5th of the shares I once owned. Sold along the way up with the last shares out at about $68 if memory serves me right.

However, I have inhibited my usual program from offering any buy signals until the price is below $20.

The only company specific news is that there's more people entering this "display" chip niche. That could erode future margins.

Best regards, Tom
PS: WOW! My first Millennium Post Grub!
:-)