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


To: Jenna who wrote (263)3/17/1999 11:48:00 PM
From: The Ox  Respond to of 1277
 
Excellent report. Sequential growth still fantastic.

Do we know what the tax rate will be going forward?



To: Jenna who wrote (263)3/18/1999 10:25:00 AM
From: Cynic 2005  Read Replies (1) | Respond to of 1277
 
Hi Jenna. I think the GNSS numbers are impressive. I was long this stocks a few times this year. However, the game of buying for earnings release and selling the day of earnings is a bit rustic now. Too many people are playing the same. It ain't gonna work. This markets needs to deliver a strong dose of tough love for a lot of short-term players and make'em realize that Wall Street was not always the Easy Street it is now.
Just some random thoughts.



To: Jenna who wrote (263)3/18/1999 10:39:00 AM
From: Nazbuster  Read Replies (2) | Respond to of 1277
 
Jenna, I sold 1/2 my position pre-announcement at just under 32. It looks good here.

In your experience, how often does a good earnings report propel a stock upwards from that day on vs. do the "buy on rumor, sell on news" routine that GNSS is doing today?