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Technology Stocks : Gemstar Intl (GMST)
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To: Jeff Bond who wrote (3047)5/24/2000 1:13:00 PM
From: scott  Read Replies (1) of 6516
 
From personalwealth.com

snip:
"This stock won't get anywhere near a full rebound until the TV Guide deal closes and we get some nice stability in the tech sector, which clearly we don't have," says Corcoran, who maintains a $108 price target and a strong buy rating on the stock. Still, analysts want to get a look at the company's fourth-quarter earnings, which Yuen says the company ideally wants to release after the close of the merger. The company has promised to report the earnings the first week of June if the deal isn't done by then.

another snip:
"It is an incredibly high-quality company with fat margins, very savvy management, and an outstanding business model," says Corcoran. Graham rates it a strong buy in a May 4 report, writing that "the rewards far outweigh the risks." Although investors may not be willing to pay up for expectations of future growth in the current market, "we believe that this is one of the first stocks that will recover when that atmosphere changes," he wrote.
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