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Technology Stocks : Gemstar Intl (GMST)

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To: NY Stew who wrote (2424)3/19/2000 11:28:00 PM
From: Uncle Frank  Read Replies (3) of 6516
 
>> Having said that I would hope that you take a longer perspective as I sincerely understand Gemstar as presenting a rather unique opportunity going forward. This uncommonness also has its inherent risks and rewards.

Well said, Stew. I added to my position last week at 95 and feel comfortable with gmst's trading pattern. As I've said <probably too often>, I expect gmst to stay in a trading range until the merger is approved by the ftc. But I am willing to be patient since the position I took on 9/30/99 has returned an outstanding 140% already.

I've been very pleased by the huge surge of interest in ebooks, though I don't fully understand its potential in a GG sense. Any thoughts?

unc
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