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Technology Stocks : Gemstar Intl (GMST)

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To: stephen wall who wrote (600)10/11/1999 10:18:00 AM
From: art slott  Read Replies (1) of 6516
 
Here's an opinion from someone who's been a good source of info.

>>
Everyone is missing the point. TV Guide was violating Gemstar patents. Great big TV Guide along with the Two giant shareholders Malone and Murdoch realized there was no way around the Gemstar patents decided to pack up and join Gemstar, what a mind boggling thought for ACTV with there patents on the convergence between the internet and the tv. The word is Liberty is the gate keeper for the ACTV patents and wants to be on the other side of the patent fights rather then being on the TV Guide side which blew up.
There is also another very important piece to the puzzle in regard to trading. Whenever a couple of firms are accumulating stock it has always turned up to be very bullish. I can only tell you they have been huge buyers over the past 2 weeks, my suspition is the stock will see new highs over the next few weeks. I have not seen these two but at least the one huge one buying like he had been buying over the last two weeks, and It's hundred's of thousands of shares, this is very bullish. They are a great indicator. This indicator has never been wrong and my bet is big news is coming.<<



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