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Technology Stocks : Genesis Microchip (GNSS) -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (1107)	1/5/2004 9:11:50 PM
From: kemble s. matter	Respond to of 1277

Michael, Hi!! re: I'll jump in here and suggest that the analysts have their revenue targets for GNSS too low for next year and beyond. I think GNSS should be able to show revenue %growth in the mid to low 20s over the next couple of years and the analyst community has them growing about 16% at the moment. Combined with improving demand for their products this should help GNSS with strong ASPs going forward. This would be a nice combination and will add some "upside" to the current valuation. A price to sales of 2 and change is a bit low, imo, so I can easily envision a future scenario where GNSS gets a price to sales near 4 on higher revenues, adding substantial upside to their market cap. So a triple in 1.5 to 2 years is not out of the question (18 x 3 = $48). My 2 year target would be $32 - based on FY06 earnings potential of $0.80/sh and a 40 forward PE. Yes, very bullish but by no means out of the question, either. Thanks for the in depth reply...You're making me actually think about buying another stock... :o) The DELL connection made me take notice...The analysis you've provided makes sense...When data shows that an industry (plasma) is going from a little over 1 million units in 02...To over 19 million units by 06...I'd have to agree that you are not putting a dream out there for an investor... I'll never be smart enough to trade stocks...I only go long...Your thought process has me thinking...Even near the high...I'm tempted to buy some soon...With their patents and the evident demand...The future sure looks bright... Thanks again... Best, Kemble

To: The Ox who wrote (1107)	9/13/2005 5:51:28 PM
From: The Ox	Read Replies (1) \| Respond to of 1277

Inching toward my target from 1/04. Current FY06 eps target is 75 cents, so I didn't miss by much! Message 19656831 I'll jump in here and suggest that the analysts have their revenue targets for GNSS too low for next year and beyond. I think GNSS should be able to show revenue %growth in the mid to low 20s over the next couple of years and the analyst community has them growing about 16% at the moment. Combined with improving demand for their products this should help GNSS with strong ASPs going forward. This would be a nice combination and will add some "upside" to the current valuation. A price to sales of 2 and change is a bit low, imo, so I can easily envision a future scenario where GNSS gets a price to sales near 4 on higher revenues, adding substantial upside to their market cap. So a triple in 1.5 to 2 years is not out of the question (18 x 3 = $48). My 2 year target would be $32 - based on FY06 earnings potential of $0.80/sh and a 40 forward PE. Yes, very bullish but by no means out of the question, either. jmo, mh