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Technology Stocks : GenRad Inc.(GEN) entering the ADSL market! -- Ignore unavailable to you. Want to Upgrade?


To: Marantz who wrote (194)12/2/1997 9:58:00 PM
From: UNOO  Read Replies (1) | Respond to of 283
 
Hi Marantz,

Thanks for your 2 cents. I agree that the future looks incredibly bright for GEN. I also tend to agree that the lack of recent press releases has probably led to the inactivity and resulting decline in the stock price. Also, it appears that all the momentum players have left the stock now that the Ford contract has been announced, just look at the inactivity on this thread.

The May 35's have gotten much cheaper from when I sold them. However, there still is a lot of time value in them so there still worth quite a bit more than "next to nothing". Also, I'm reluctant to buy them back before the end of the year as I don't want to pick up the tax liability in the current year. I've had the good fortune of realizing significant gains during the year and I already owe Uncle Sam to much.

One last thought, it certainly seems as if the takeover speculation has died off on this company. Any thoughts?

Regards,

Unoo