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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: MulhollandDrive who wrote (7547)10/5/1999 12:02:00 PM
From: Teflon  Read Replies (1) of 54805
 
RESEARCH ALERT-Gemstar price target raised to $150

NEW YORK, Oct 5 (Reuters) - Lehman Brothers has raised its price target for Gemstar International Group Ltd. (NasdaqNM:GMST - news) to $150 from $100, the brokerage firm said on Tuesday.

-- Monday's proposed acquisition of TV Guide Inc. (NasdaqNM:TVGIA - news) is viewed as a ''major strategic positive.''

Teflon
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