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To: Terry Whitman who wrote (14348)	12/31/1998 3:06:00 PM
From: Cynic 2005	Respond to of 86076

To all, GNSSF is a stock I followed on and off. Very likely it will be off to races next week. Three reasons, (a) a base has formed after a run-up; (b) - a contract with DELL. and my favorite: (c) thin float - only 2.9 mil shares!!! I just threw everything and kitchen sink at it! (I personally think flat panel displays are still in infancy and things could explode in this area.) Enter at your own risk. Good luck! -Mohan PS: I don't belive that this news is on the Reuter's news wire, yet! -------------------------- Genesis Microchip Inc. Dow Jones Newswires -- December 31, 1998 Genesis Microchip Up 8% On Word Of Dell Deal NEW YORK (Dow Jones)--Genesis Microchip Inc. (GNSSF) shares continued to streak up after an analyst report said Dell Computer Corp. (DELL) is planning to use the company's semiconductor in its brand of flat panel displays. Genesis shares were recently up 1 13/16, or 8.3%, to 23 11/16 after rising 7.7% Wednesday. C.E. Unterberg Towbin analyst Claude Hazan said he had confirmed Dell will sell a display containing a Genesis chip, but the companies haven't yet issued a press release. (Dell's press office is closed until Jan. 4, and Genesis didn't immediately return calls.) Hazan said the Dell contract follows similar deals with International Business Machines Corp. (IBM), Apple Computer Inc. (AAPL), Acer and Philips Electronics. But he isn't changing either his $27 target for Genesis' share price or his earnings estimates because he had allowed room for such contracts. He rates Genesis shares a 'strong buy.' Genesis doesn't sell the chip directly to U.S. PC makers, he said. Instead, the chips are sold to display makers like LG Electronics or Hyundai who then resell the monitors to computer companies. Still, Genesis gains a powerful distributor with Dell, the world's second-largest PC company. - Christopher Grimes (201) 938-5253