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Technology Stocks : Gemstar Intl (GMST)
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To: unclewest who wrote (3266)7/7/2000 1:39:25 PM
From: JH  Read Replies (1) of 6516
 
<Next resistance appears to be at $70-3/8 (50% retracement of the range in 2000)>

Guess everyone is watching this resistance - hence we failed to break out today on the first attempt.

Next resistance above $70-3/8:

$79-1/8 (Fibonacci 62/38 retracement)

BTW, TVGIA discount is around 22% today. I predict that 23% will be tops; the discount should shrink to zero after the merger is approved :)
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