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

To: Peter Dierks who wrote (1230)	6/3/2006 12:57:17 PM
From: geoffrey Wren	Respond to of 1277

I've followed gnss for a long time. Was a holder, and did well when I sold out a few years back. I posted on this board that I thought GNSS was overpriced in the 20's within the past year. My impression is that you are probably pretty safe holding here at current price This stock might even be a buy how. GNSS has the faroudja patents, which are highly regarded. It is in the right place for future growth of LCD and other flat panel tvs. And the price is down to an apparently reasonable one. P/S is 1.66 and Yahoo has their PEG at below one (obviously that is just someone's guess, but still it is some reference point). On the down side, GNSS management is poor. And when there is finally an announcement of the exact amount they must pay and will pay to SIMG, there might be a dump in the price. But that should be baked into the pie, and who knows, the stock could go up then too. Right now, I have a fair stake in SIMG, as I see that as a better play, but GNSS does not look bad to me.