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Technology Stocks : Gemstar Intl (GMST)

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To: Allegoria who wrote (3573)	8/10/2000 8:33:09 AM
From: Mike Buckley	Read Replies (2) of 6516

"We'll go with no guides at all before we'll do that." Okay. Let's play that imaginary game of the cable folks not having any guides. Their customers can buy set-top boxes at Circuit City with a guide inside them. And they can buy their televisions with a guide inside them. Even if cable companies are ultimately allowed to strip the guide signal, once two-way paging is operative next year the end users will have their electonic guide with or without the cable company's help. And if they do it without the cable company's help, the cable company will have no revenue generated by the guide. Do you think Henry is ready to call that guy's bluff? You betcha. In the end, the driving factor that will affect guide usage will be the number of channels. With the current quantity of television channels, the guides are a convenience, not a necessity. When there are roughly 250 to 300 channels I think they will become a necessity. It's not as if the cable companies will have permanent control of whether or not I can use an electronic guide. --Mike Buckley

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