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To: Larry S. who wrote (48427)	6/3/2003 9:57:11 PM
From: Larry S.	Read Replies (1) \| Respond to of 53068

GNSS - Genesis Microchip, cautioned that revenues would be light even though margins would be strong. stock dropped 9% AH. might be a play tomorrow. larry

To: Larry S. who wrote (48427)	6/4/2003 1:58:16 PM
From: Carl Worth	Read Replies (1) \| Respond to of 53068

Larry- I believe that article I posted the other day talked about expanding into devices which you could remove from your car and hook up to your stereo, computer or TV at home. I have also read that they want to develop hand held receivers, similar to a Walkman, but I don't know about the costs on those, they might be prohibitive at least at first. Pretty good shake in SIRI today on what is basically a nonevent, more shares to this company is SOP until they can turn a profit, as I noted in my last post, they will have a ton of shares out by that time. However, I certainly wouldn't rate it a buy and hold at these levels, as I have stated I only trade the stocks for now, until it becomes clearer when they will be able to achieve a profit. I noticed that your post cited that SIRI now only needs 2M subscribers to break even, so either I misread the 3M figure that I thought I saw, or else they have improved their cost structure with the refinancing, and have less debt service so they need less revenue to break even. In any event, sure is a great stock to trade. :) Carl