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[sharechat] Genesis - is it a buy?


From: "nick" <acummin@es.co.nz>
Date: Sun, 24 Sep 2000 17:33:48 +0100


     Have to confess that like most others i have no clue
as to what would be a good entry price for genesis.
All i know is that the biotech setor is running hot, question
is has this already been built into the price of genesis?
        It shot up to over 8 dollars but fell to 6.40 on a bad day for
the market.   Given this general market weakness can we assume that
genesis will be at a lower price than if it had listed a month or two ago?
          Hard to know whether to take a punt on this unknown
or too use spare cash on any one of a number of bargains currently available.
              Having just recieved a very tasty dividend from restaurant brands
im very tempted to wait and buy more of them when they drop below 1.00,
  genesis seems very hard to understand, which is probably why there
has been so little comment on it.
      I will ponder it further, while eating my mexican chilli pizza
washed down with copious quantities of V
 
       nick

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