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Technology Stocks : Gemstar Intl (GMST) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Merriwether who wrote (162)7/21/1999 12:07:00 PM
From: Teflon  Read Replies (1) | Respond to of 6516
 
Just to be clear, Paul, I am a long termer with my holdings. I am simply trying to time some additional shares that I want to add to my position. I am also trying to get a feel for the stock -- an attempt essentially to develop some instincts when it comes to GMST. I do trade options on a short term trading schedule when I feel a terrific opportunity presents itself. For example, I have held MSFT for over six years, yet trade options on it occasionally when we've approached a split or earnings announcement.

I do not know GMST well enough as of yet to do this. My hope is at some point I will. I've been buying GMST shares all the way up to 75, with an average price of about 66. Please excuse my ignorance on this issue for the near term as I am bound to ask some silly questions. I promise you I will try to come up to speed fast, however <vbg>!

Thanks again,
Teflon