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Technology Stocks : Gemstar Intl (GMST)

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To: unclewest who wrote (1124)	12/21/1999 8:14:00 PM
From: Eric Jacobson	Read Replies (1) of 6516

uncle, I just can't get this TVGIA guy's comments out of my head. It's as if he's saying something so flabbergasting that it's hard to take it seriously. Do you know what it reminds me of? Do you remember back when Q reported their first quarterly results after spinning off the infrastructure unit to ERICY? I can remember during the conference call the CFO kept repeating that the EPS number going forward was something like 82 cents. He said it several times for emphasis. In part he was doing this because there were pro forma numbers being kicked around and it may have been hard to keep straight what was what. But I also think he did it as a wake up call - it was as if he was shaking us all by the shoulders and saying "Look, stupid, do the math - we're looking at an annual run rate of $4-$5 a share within the next couple of quarters!" Although I bought Q both before and after this announcement, in hindsight, I didn't buy enough. Maybe he didn't shake me hard enough. Anyway, I feel like this TVGIA guy is shaking me by the shoulders.

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