SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Gemstar Intl (GMST) -- Ignore unavailable to you. Want to Upgrade?


To: Teknvstr who wrote (110)6/16/1999 9:45:00 AM
From: Paul Merriwether  Read Replies (1) | Respond to of 6516
 
Teknvstr
Briefly, Starsight(a subsidiary of GMST) has filed a lawsuit against General instruments for violation of agreement. They are currently in arbitration, with the result due out soon. I assumed that it was supposed to be settled over a 90 day period from march 22.
The merits of the lawsuit have been debated on the yhoo message board--which should be a good first place to do the DD on GMST. Look for NYStew's posts on that board(and also on this thread). He has invested a lot of quality time researching this stock(under his modest selfdeprecating persona lies a shrewd researcher!!!).