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Technology Stocks : GSCN - General Scanning -- Ignore unavailable to you. Want to Upgrade?

To: buzz who wrote (159)1/5/1999 4:47:00 PM
From: Rational  Respond to of 167
 
The semiconductor industry is recovering. The merger is about happen. It is expected to be a formidable company of the future. Just that the company has to show the money. As the Asian markets are poised to rebound, and more importantly US$ is bound to slide against all other Asian currencies (not just yen), there is an expectation that the joint GSI-Lumonics company will be able show money by increasing Asian sales. Besides, it is one of the strongest small caps that has been beaten badly.



To: buzz who wrote (159)1/5/1999 9:01:00 PM
From: BMcV  Read Replies (1) | Respond to of 167
 
Lum.to is also up past couple of days, after basing for months around $7.25. Closed in Toronto at $9.20 cdn, which multiplied by 1.347 (shares for each GSCN) x .6566 (USD for cdn) gives a value of $8.13 US for GSCN, so even with today's action, we're still at a sizeable discount. This stock could be a huge winner, once they get a little momentum.


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