Gemstar Intl (GMST) Message Board

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Technology Stocks : Gemstar Intl (GMST)

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To: StockHawk who wrote (3112)	6/1/2000 12:08:00 PM
From: LBstocks	Read Replies (1) of 6516

Salomon Smith Barney's report on GMST earnings: Gemstar International Group (GMST) GMST: GEMSTAR REPORTS BETTER THAN EXP. F2000 (MAR) 1H (Buy, High Risk) OP. RESULTS Mkt Cap: $19,547.2 mil. May 31, 2000 SUMMARY * Revenues up 44% to $241 mil and operating income up INTERACTIVE 52% to $127 mil. ENTERTAINMENT * Management believes combined pro forma IPGs could be Niraj Gupta in 10 mil. Households at year end, suggesting significant ad revenue in C2001 * GMST has signed eBook content deals w/all major publishers * Management reiterated that merger is on track * Reiterate 1H rating and $66 target

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