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Technology Stocks : Gemstar Intl (GMST)

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To: robert duke who wrote (1040)12/12/1999 4:56:00 PM
From: unclewest  Read Replies (1) of 6516
 
I might be a new investor if the stock pulls back a bit. Anyone have anything for me to use as info?

what is a bit?...it has pulled back.....10%

did you see tekboy's post? how much would you pay to get in early on the most profitable company of all time?
how much remorse would you have if you missed it for a point or two?

this is what i do...when i am sure i want to own a stock...i establish a position. then i watch the news. if the news is compelling i immediately buy more. or if the stock dips first i finish buying on the dip.

here is what tekboy posted......

From Bank Boston Robert Stephenson.

GMST

Early this week, TV Guide's management gave us a positive outlook on the progress and the prospects for the proposed merger between Gemstar and TV Guide. The combined company now reaches 2.7 million households. Although the stock has been a big winner, we believe it is still just beginning to discount the opportunity. We have seen ownership of the stock shifting from relatively price-sensitive cable investors to more optimistic Internet investors. We believe Gemstar has the potential to be one of the most profitable businesses ever as it becomes the portal for interactive television.
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