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AKvetch

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Re: tonysolomon post# 25102

Friday, 09/13/2002 9:24:14 AM

Friday, September 13, 2002 9:24:14 AM

Post# of 704019
GNSS. [Briefing.com] Genesis Microchip: CIBC raises est after call, but remains cautious (GNSS) 8.57: CIBC World Mkts raises Q2 est to $0.05 from $0.03 after co's management increased its Q2 sales outlook last night on conference call. (Co boosted rev outlook to $45-$46 mln from $42-$43 mln). Despite the increase in FPD shipments experienced by company, CIBC remains cautious due to uncertain sell-through. Believes that excess glass inventories fueled recent controller demand, as manufacturers build FPD monitors in anticipation of holiday demand.

September 13, 2002 08:50:00 AM ET


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