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Technology Stocks : Gemstar International Group (GMSTF)

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To: Peter Becker who wrote (40)8/11/1997 12:17:00 PM
From: Paul Merriwether   of 226
 
<<1) What will it take for this stock to get noticed?
2) What is with the trading on this thing? Interday trading is all over the map..opens
lower/drops in the morning (up to a point)and then closes where it started, but it
does this consistently. I almost like it's being played. >>

I think consistent +ve announcements and earning growth will get it
noticed again. GMSTF has a firm commitment from all the major manufacturers(VCR *and* TV) for their '98 product cycle. I think this will
really sink in when people start seeing the "TV+ inside" like they
see "VCR+ inside". In addition to all this, GMSTF has a great potential in the TV advert. market(imagine the impact of a coke ad.
on the TV+ screen that's viewed by all the users, regardless of what
channel they are on).

I am no technical analyst, but I can believe that the market makers manipulate this security. I think its because of the low volume of this stock. This should go away once they have a bigger following.

VCR+ growth is great and all but what investors need to see is a *real*
+ve surprise. Possiblities are:
1>General instruments lawsuit results(expected soon and for $20*10^6).
2>Announcements from microsoft regarding the gmstf/sght patents and
broader licensing.
3>RCA licensing money from TV+.

-Paul
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