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Technology Stocks : Gemstar Intl (GMST)

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To: tekboy who wrote (3065)5/27/2000 12:29:00 PM
From: riposte  Read Replies (1) of 6516
 
A very positive on article, "Gemstar Holds the Remote Control/The company's patents could reshape e-commerce" appears on Page 71 of the
June 5th print edition of Business Week. It's also available online for BW subscribers.

Here's a snippet:

Over the next five years, TVs will morph into interactive terminals for entertainment and e-commerce that viewers will negotiate using souped-up remote-control devices. As broadcasters, cable operators, and satellite companies begin deploying a Web-like panoply of hyperlinks, hot buttons, and ad banners, they'll run smack into Henry Yuen and his patents. ''The TV industry is soon going to find out that it has a problem with one company having so much dominance,'' predicts Seth H. Ostrow, a New York patent attorney familiar with Gemstar.

It makes holding GMST a bit easier through these rough times...

Steve
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