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


To: DownSouth who wrote (507)10/5/1999 10:51:00 AM
From: MulhollandDrive  Read Replies (2) | Respond to of 6516
 
DownSouth,

Thanks, you responded before I could edit. I'm taking the Lehman target with a grain of salt.

I've decided to sell. I agree with Mike Buckley on the Gorilla thread, I think the stock will continue to head south. I believe at best the stock will be under pressure and trade sideways for a while until there is a clear picture as to how well GMST will assimilate TVGuide and how much of a drag it will be on earnings.

bp