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: geoffrey Wren who wrote (1006)6/10/2002 7:38:10 PM
From: GregS  Respond to of 1277
 
Interesting the GNSS on list to be added to Russell indexes in early July:
russell.com

Could all these broker downgrades be an attempt to acquire GNSS cheaply to sell to index funds later?

Who knows? But with a trailing P/E of 15 or so, and a forward P/E in the 10's, this one is a bargain.

That being said, I think it can be had for around 10 later in the month. Only time will tell for sure.