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Technology Stocks : Gemstar International Group (GMSTF)
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To: Robert Binder who wrote (34)8/6/1997 6:18:00 PM
From: Peter Becker   of 226
 
Thanks for the post. Well I'd say this looks like pretty good news. Between this and the Alex Brown coverage at a buy (thanks still learning for that post) this is more activity than has been in the previous year...could this be the start of some momentum 1.4 mil shares traded today and up 1 5/8? Dare I say anything and jinx it?

On the serious side though, I was a little surprised about the small remark in there about Starsight being an insignifigant part of the revenue. I would have thought that it would have been more than that, and that their VCR+ must be going great guns (especially in Europe) apparently, which I thought was somewhat on the down swing at least by my own gauge based on how much I've seen it advertised and in the marketplace. Well this is for sure good news.

Now if gmstf can hire a stockholder relations person to keep this baby in peoples minds, maybe we'll see 20...or it could just slip back down to it's 30 day average volume of what was it 10?

I still believe in what this company has to offer because even though all the hype is around the internet and communications (rightfully so), you still gotta think about Mr. & Mrs. getting older Jones sitting out there in the midwest somewhere with there tv dish getting 500 channels and no local tv guide that tells them where their favorite programs / movies are at, that on screen program guide sure is a blessing...and as it gets easier and cheaper to hook up these dishes all those people beyond the local cable shop are going to have the same problem.

Anyway gotta go, but it's nice to see that we have at least an audience of (4?) on this thread now so at least it's not quite so lonely anymore.

Peter

If you build it they will come.
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