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

To: Peter Dierks who wrote (1224)	5/30/2006 12:29:25 PM
From: OldAIMGuy	Read Replies (3) \| Respond to of 1277

Hi Peter, GNSS has really taken it hard since my last addition at $15.60 of 9% more shares. I've been waiting a while now to add again. However, my own market risk indicator has been bearish for a long time and I hesitate to do any buying while it's giving such a reading. (compared to late 2004, the risk here is quite a bit higher) The drop back in the NASDAQ has started to help the indicator. Another few weeks of bashing and it could even become attractive. Cyclically this is about where this price/share of GNSS becomes quite attractive, but I'll wait until the i-Wave settles back a bit before sinking any more $$$ into it. Best regards, Tom