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Technology Stocks : Gemstar Intl (GMST)

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To: Mike Buckley who wrote (2721)4/12/2000 12:52:00 AM
From: NY Stew  Read Replies (1) of 6516
 
Mike,

The Thomson digital STBs contain the enabling aspects of Gemstar's technology such as one button/touch record and tuning. Gemstar receives a royalty for each unit. These digital boxes do not incorporate a GuidePlus or similar advertising application but rather a native one. Each unit is advertising ready when the MSO and Gemstar reach a revenue sharing agreement.

As to the TV-housed platform, the Thomson release indicates 400-500k. This is 3-4X the prior year's Q. It is difficult to be more precise because the initial 150k TV models were counted from the 11/98 launch to Q ending 3/31/99.

Hope this helps.

Regards
Stew





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