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Technology Stocks : Gemstar Intl (GMST)

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To: NY Stew who wrote (2085)2/25/2000 2:17:00 AM
From: Jeff Bond  Read Replies (1) of 6516
 
Well, then that is settled!

Thoughts on the fate of PAGE now? I remember in a research report reading that GMST was going to use "spare" time on the PageNet network to provide wireless link capabilities.

It appears that this was an attempt to provide an alternative, should the cable companies decide to play hardball with GMST. Since they appear to have folded, I wonder about the status of the relationship with PageNet.

I'd say its toast, but I also remember reading something else that mades me wonder. In the same report, I recall reading that the wireless link was going to be the vehicle for communication of viewing statistics. At first, sometime in Q1 of 2000, a one-way link would be available, but in the following year the full two-way link would be up and running providing full interactive communication.

Is this no longer necessary if cable companies decide to play ball, or is the plan to use wireless regardless of their decision? It seems to me that cable companies are prone to be unreliable, so hedging the bet and sticking with wireless seems to make sense. If I read the report correctly, GMST has already negeotiated a long-term deal with PageNet, so I imagine this is what they have in mind.

Good news, that was a MAJOR hurdle, and with one more (TV Guide merger) to go, this is really beginning to shape up nicely.

Regards, JB
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