Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 155.15

+0.7%

12:21 PM EST

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To: waverider who wrote (43544)	10/6/1999 12:47:00 PM
From: Uncle Frank	Read Replies (4) of 152472

>> do a quick one on GMST. What's the story there? Small company with a stranglehold on interactive program guide technology for tv and cable. Two lawsuits holding them back from being proclaimed a Gorilla (Tornado market coupled with a Qlike ipr position); one with TV Guide and the other with GI. GMST merged with TVGIA on Monday, which settles that suit (and also knocked the stock down from high 80s to high 60s). Today, an arbitrator ruled against GI - gmst to get 10s of millions for compensatory and punitive damages plus legal fees. fast.quote.com This week's settlements are a pretty good parallel to March 25 for Q! uf

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