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Technology Stocks : Gemstar Intl (GMST)
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To: Orion who wrote (707)11/5/1999 6:14:00 PM
From: MulhollandDrive  Read Replies (1) of 6516
 
Hello Orion,

If you feel GMST is a Gorilla, you shouldn't worry about "timing" your purchase. I got out when the TVguide purchase was announced pending further clarification as to how the acquisition would affect GMST in the intermediate term....The picture is still a bit fuzzy to me.

Part of the reason I want to see higher volume on this stock is that increased volume, imo, reflects an "affirmation" by WS as to how the buyout is perceived. TVGuide is a strange duck to me, and I feel that GMST will probably sell or spin off certain parts of the company that could potentially be a drag on earnings. So I'm still a little in the "wait and see" camp, but if it breaks out, I will probably stake out a position again <g>.

bp
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