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Technology Stocks : Gemstar Intl (GMST)
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To: Stephen M. DeMoss who wrote (1948)2/11/2000 12:12:00 AM
From: Daniel Levy  Read Replies (1) of 6516
 
Stephen,

I understand your concerns. That's why I sold out of GMST a few days ago. It just wasn't acting right. Good news should produce price jumps unless something else is holding the stock back.

My guess - uncertainty about the TV Guide merger, along with concerns about the TIVO suit. The market hates big questions before investing big cash.

I still think the GMST concept is powerful. I'm just waiting to see if many others can figure this out. I'll buy back in when I see the stock go up on a 5 million share day - not down.

Daniel
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