Hoefer & Arnett Reiterates Buy Recommendation on Genus (GGNS)
29 October 2003 - 5:01AM
PR Newswire (US)
Hoefer & Arnett Reiterates Buy Recommendation on Genus (GGNS)
SAN FRANCISCO, Oct. 28 /PRNewswire/ -- Hoefer and Arnett technology
analyst, Mark Miller, reiterated his buy recommendation on Genus
today. Genus is seeing strong growth in orders and new customers,
which we believe will continue into 2004. These new orders coupled
with reduced operating expenses should produce profits early next
year for the firm. Hoefer & Arnett Incorporated is a member of
the National Association of Securities Dealers, CRD number 10883.
Trading 415-658-0744 All expressions of opinion reflect the
judgment of the Research Department of Hoefer & Arnett, Inc. at
this date and are subject to change. We have obtained information
from sources considered reliable, but we do not guarantee that the
foregoing report is accurate or complete. Other departments of
Hoefer & Arnett, Inc. may have information, which is not
available to the Research Department about companies mentioned in
this report. Hoefer & Arnett, Inc., or its affiliates may
execute transactions in the securities mentioned in this report,
which may not be consistent with the report's conclusions. Hoefer
& Arnett, Inc. may perform investment banking or other services
for, or solicit investment-banking business from any company
mentioned in this report. Partners, officers, employees and
accounts controlled by Hoefer & Arnett, Inc. may own shares of
any company mentioned herein. DATASOURCE: Hoefer & Arnett
Incorporated CONTACT: Mark Miller, Analyst, , or Sharlena Gordon,
Research Coordinator, , both of Hoefer & Arnett Incorporated,
+1-415-362-7111
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