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Technology Stocks : Gemstar Intl (GMST)
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To: Uncle Frank who wrote (1393)1/7/2000 4:59:00 PM
From: RocketMan  Read Replies (1) of 6516
 
so my risky/high return play of the year (so far) was to buy a handful of August 65 calls. Better watch that crack, uf LOL
I've got some May 60's and August 85's myself. Hope to roll them to further out months, or better yet exercise them for common with the next earnings runup. As we have discusses, however, we may have to wait until the second half of the year for the TVGIA merger to be clarified and announced. I'm ambivalent on that merger, seems to me that if the merger does not go through, gemstar still makes out on profit sharing with TVGIA. If the merger does go, they become a full blown gorilla, but they also have to deliver paper to customers, which has high overhead.
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