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

To: MulhollandDrive who wrote (470)10/4/1999 3:22:00 PM
From: JohnG  Respond to of 6516
 
At 12 members. the board is too large and an even No. to boot????
JohnG



To: MulhollandDrive who wrote (470)10/4/1999 3:34:00 PM
From: LLCF  Read Replies (2) | Respond to of 6516
 
<No David, the release said that it was based on the closing price of $83.625, that would make TVGIA worth $54.97.>

Press release says "exchange ratio is NOT subject to adjustment"... the 9.2 bill is based on that previous closing price... further more the merger has strong support from both boards... TVGIA is currently worth 48.75 based on GMST's $74 last.

DAK



To: MulhollandDrive who wrote (470)10/4/1999 3:49:00 PM
From: Paul Merriwether  Read Replies (3) | Respond to of 6516
 
<
WS obviously does NOT like this deal.
>

To heck with WS. That's what I said when GMST bought SGHT 2.5 years ago and I bought into GMST in a big way. WS priced GMST at $5.50 at that time(dropped GMST like 35%). I am up 1600% on those shares. I think today is a GREAT buying opp.(and I took advantage of it). If GMST falls further, I am buying more!


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