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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Nancy who wrote (78650)	6/13/2002 6:48:31 PM
From: DennisToo	Read Replies (1) \| Respond to of 99280

Nancy, What kind of commodity issues. Do you know the value of the contract they lost ? Thanks, D2

To: Nancy who wrote (78650)	6/13/2002 7:41:26 PM
From: J L Segal	Respond to of 99280

Nancy, on 6/10 Bancorp Piper Jaffray downgraded GNSS to market underperformer from market performer, and lowered their price target to $10 from $18. The reason for the downgrade: GNSS supposedly lost a key FPD monitor design to ST Micro at a leading OEM customer. Interesting that GNSS blames the revenue shortfall to an inventory situation, and that DJ today reported heavy insider selling in late May. Something just doesn't seem right here. Perhaps Softechie's $5 price target is not as unrealistic as it sounds.