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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: rel4490 who wrote (7608)	10/5/1999 6:43:00 PM
From: JohnG	Read Replies (1) \| Respond to of 54805

rel4490. IPG?? If someone would define a few Gemstar accronyms, I would appreciate it. JohnG

To: rel4490 who wrote (7608)	10/5/1999 7:14:00 PM
From: NY Stew	Read Replies (2) \| Respond to of 54805

rel4490, True, they received other assets, but most selling I believe is based on the premise that GMST overpaid for the remaining assets. They have essentially given away 1/2 the company to TV Guide stockholders. The TV Guide shareholders (88%) are Liberty Media and News Corp. LindyBill may have spoken to this already when commenting on Rupert Murdoch. This goes beyond US cable representing 10% of the global market. Gemstar likewise gave away 45% of its business when acquiring Starsight 3 years ago. Shareholders were angry with that outrageous sum. Today it looks like pennies. Hindsight puts matters into perspective. What will we say 3 years from now? Regards Stew