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Author: Inductive Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 656  
Subject: Profit, yet no cigar? What gives? Date: 7/30/2003 9:25 AM
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Perhaps if GNSS hadn't indicated early on that it expected a PROFIT, the stock would NOT have began trading south of where it HAD been trading. Can GNSS meet the current forecast? Indeed, as long as the economy and all the dynamics associated with it play their appropriate parts and roles out as forecasted.

"Genesis Microchip (GNSS: news, chart, profile) reported a quarterly profit of $1.4 million, or 4 cents per share, compared to a loss of $4 million, or 13 cents per share, the year before. But the company said it expected second-quarter revenue to be between $44 and $48 million. Analysts surveyed by Thompson First Call are currently forecasting sales of $55.7 million. Genesis shares were last trading down $1.55, or 11.3 percent, at $12.20."

http://cbs.marketwatch.com/news/story.asp?guid=%7B1E61FA37%2D8A47%2D47DF%2D80B4%2D0F7D094671AC%7D&siteid=mktw
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