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Technology Stocks : Gemstar Intl (GMST)

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To: Paul Merriwether who wrote (156)7/17/1999 6:08:00 PM
From: Andrew N. Cothran  Read Replies (1) of 6516
 
Yes, Paul. The increasing exposure is great--since the two of us have been loading up on GMST now for some time. I bought my last shares recently at 73. My first ones came in at 19 on a split adjusted basis. I don't even worry about my average price since it is so much lower than today's price. If GMST continues to grow at a 40-50% clip per annum for the next five years, can you guess what the price will be in five years?

I believe that GMST might catch up with QCOM which as you know is my largest holding--but only in value. Actually I have the same number of QCOM shares as I have GMST shares but QCOM has raced ahead in the value column. GMST will catch up in time. Thanks for keeping me and others informed. STEW does the same thing on Yahoo.
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