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Strategies & Market Trends : Options
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To: Seldom_Blue who wrote (7013)4/28/2000 1:13:00 AM
From: Jill  Read Replies (1) of 8096
 
Yeah, this one makes no sense to me. I don't see it as a speculative play a-la Extended Systems or Lightpath, or a b-2-b, whole sector slammed, like ICGE> I can understand hwo those sunk to nefarious all time lows and haven't recovered.

But GMST was poised to become the TV Guide of television--that's a lot of eyeballs. So I really don't see how it can have dropped by 70%. Except that once it dropped below a certain level maybe it became unattractive in terms of the TV Guide deal. I really haven't followed that speculation.

I have Aug 75 calls that were also worth a nice profit and are now a subway token.
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