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-------------------------------------------------------------------------------- Datek Online. Apply NowRelated Quotes GNSS 33.8 -1.6 delayed 20 mins - disclaimer Sunday July 8, 6:29 pm Eastern Time Street may be too giddy over Genesis Microchip - paper NEW YORK, July 8 (Reuters) - Wall Street`s enthusiasm over Genesis Microchip Inc. (NasdaqNM:GNSS - news) may be overdone, according to financial newspaper Barron`s. The stock, which sold at over $7 back at the end of March, has surged to more than $30 on optimism over its digital imaging chips for flat-panel displays and projectors, rising revenues and favorable earnings projections, the article said. But the stock has a price-to-earnings ratio of about 75 times estimated earnings for the fiscal year ending next March, Barron`s said. The company has also been sued for patent infringement by a rival chip maker and has seen large amounts of insider selling, according to the newspaper. |
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| aus der Diskussion: | Barron´s haut mal wieder rauf......... |
| Autor (Datum des Eintrages): | ciena (09.07.01 00:44:43) |
| Beitrag: | 1 von 2 (ID:3910980) |
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