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Technology Stocks : Gemstar International Group (GMSTF)

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To: Paul Merriwether who wrote (136)10/27/1998 10:22:00 AM
From: Andrew N. Cothran  Read Replies (2) of 226
 
No,I don't think the daytraders are on to this stock at the moment. It is under heavy accumulation. I think the deal with MSFT with their interest in WEB TV, plus the recent deal with SONY and the German company are the major driving forces at the moment.

Wish I had been as brave as you on today's open. Oh well, as one experienced trader once said: bulls win, bears win, hogs lose.

By the way, my son is an aeronautical engineer. He is about your age. At the moment, he is an independent agent, building flight simulators for Gulfstream and Flightsafety Intl.

By the way, another one that you might want to watch is QCOM. It has a lock on CDMA which is the wave of the future in wireless telephony. It is currently on a roll. November 3 earnings are in the offing and price movement indicates that they are going to be impressive.
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