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Technology Stocks : Gemstar Intl (GMST)

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To: gingersreisse who wrote (4315)11/24/2000 2:28:16 PM
From: NY Stew  Read Replies (2) of 6516
 
GSR,

FYI, Thomson's stake in Gemstar is ~3%. Gemstar has a small stake in Thomson from the IPO. MS also owns ~7% of TMS as does DirecTV, NEC and Alcatel.

If it (Thomson) joins the Murdoch bid team, that's another strong hand, and one less ally for Henry

Won't happen. The same was said when MS took its stake in Thomson a few years back.

A majority interest by any media company in Gemstar would not get past the DOJ ... of this I am certain.

Regards
Stew
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