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Technology Stocks : Gemstar Intl (GMST)

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To: DownSouth who wrote (695)11/5/1999 5:07:00 PM
From: MulhollandDrive  Read Replies (2) of 6516
 
Hi DownSouth,

I've been patiently watching GMST waiting for it to breakout to new highs. But the buying volume has been drying up, so I think the drop today is just a technical pullback.

It reminds me of RMBS last Jan. when it made it's new highs on low volume. I decided when I sold in the 70's I wouldn't revisit until it broke out decisively. It really looks like it could go either way next week, so I plan to keep it on the watch list....

bp
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