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Technology Stocks : Gemstar Intl (GMST)

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To: stephen wall who wrote (600)	10/10/1999 10:14:00 PM
From: Paul Merriwether	Read Replies (3) of 6516

<< But Liberty Digital has some great assets: the right to fill 12 or so channels on AT&T's digital systems; and to provide the on-screen program guide that will greet AT&T cable customers. The on-screen guide is a potential advertising gold mine--and it's no coincidence that TV Guide, 44% Liberty-owned, hawks such a directory. ------------------------------------------------------- It seems obvious that Gemstar/TV Guide deal must have had Malone's blessing, but does anyone know what Liberty Digital is besides what's stated here? Does it fit in with Gemstar? Is it competitive? Unrelated? What gives? >> Good question. The Forbes article implies that Liberty Digital owns the TVGuide Intl., but its my understanding that Liberty media would control about 19% of TVGuide Intl. and it also happens to own 95% of Liberty digital. If on the other hand, Liberty Digital goes on its own track providing an EPG to AT&T cable customers, I would imagine some legal fireworks courtesy of Mr. Henry Yuen. I have a feeling Forbes messed up on this one... btw, nice to see another Dellhead after freeus and Voltaire. Now just waiting for Kemble, Chuzzie and Venkie to become TVGHeads <g> -P

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