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Technology Stocks : Gemstar Intl (GMST)

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To: Uncle Frank who wrote (3056)5/24/2000 7:42:00 PM
From: RoseCampion  Read Replies (1) of 6516
 
That's an interesting concept, Rosa. I wonder how much flexibility the SEC allows publicly traded companies?

No, no, I think you might have missed our previous discussions on the topic, Uncle. I only meant that because GMST doesn't pre-announce when they're going to report earnings, they've got some built-in calendaric flexibility that other companies that adhere to a more rigid (and dare I say, "normal") schedule don't have. If CSCO decided not to report earnings on their scheduled day, the market would go into a panic, buy GMST can let the entire month of May come and go and all they get is our grumbling. (Although given the current share price, the concept of "slow panic" might unfortunately be appropriate.)

I'm thinking this is just another example of Henry's piss poor communications skills. He doesn't own this company - the shareholders do. It's high time for him to cut out the secrecy crap and let me in on how he's utilizing my capital.

No disagreements there.

-Rose-
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