GGNS Genus (MM)

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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