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Technology Stocks : Gemstar Intl (GMST)

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To: John Hayman who wrote (1834)2/8/2000 5:37:00 PM
From: DaYooper  Read Replies (1) of 6516
 
Yes, there is very nice vol today, and with the price move...hummm....looks a lot better, eh??
Anyone find any news that may be following this?


Earlier today I watched the trades for gmst. By noon, we had 3 million shares traded and an average trade size of 1550 shares. There were many blocks of 10,000 shares and some as high as 95,000 shares. I tried to post at that time but was unable due to server problems. My point was that the "big money" was now moving back in to gmst and that the bottom was made yesterday. Glad to see the afternoon action follow thru.

A second observation is that all the tv/internet convergent stocks did well today including rnwk, lbrt and iatv.

Very much looking forward to the conference call. Rory
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