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Technology Stocks : Gemstar Intl (GMST)

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To: 100cfm who wrote (771)11/10/1999 6:36:00 PM
From: Eric Jacobson  Read Replies (1) of 6516
 
We believe this would be worth approximately $50 billion, providing upside to GMST stock.

is this the understatement of the yr. or what.

50 billion and a new high and only two posts. hmmm.


100cfm, it's funny you say this. I was actually mulling this comment over in my mind over lunch today. Please check my thinking on this. I'm assuming he meant 50 billion in annual revenues. At a conservative 4 times sales, this would put GMST at a market cap of $200 billion in the not too distant future. When I came up with this simple calculation, it was too much to comprehend and I stopped thinking about it until I saw your post.

Is this too simplistic, or am I thinking about this the right way? If so, it's mind boggling.
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