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


To: Len who wrote (7851)10/8/1999 8:59:00 AM
From: unclewest  Read Replies (1) | Respond to of 54805
 
Pala: Gemstar. Did I miss something? You stated that no-one on this thread would invest in GMST at this point.

Is this true? Where have I been?


len,
it is not true for me.
the lawsuit settlements worked out perfectly imo.
the first, with tv guide, provided gmst a monopoly.
the second established the potency of gmst patents. not to mention that now everyone will have to pay royalties to gmst.
jmho.
unclewest
long gmst...i put my shares in my new 10 year hold account right beside cree.



To: Len who wrote (7851)10/8/1999 10:28:00 AM
From: StockHawk  Respond to of 54805
 
>Pala: Gemstar. Did I miss something? You stated that no-one on this thread would invest in GMST at this point.

Is this true? Where have I been?<

I thought I would jump in here and answer for Pala - even at the risk of being wrong<g>. I think what he was trying to say is that he/she/we would be hesitant to invest someone else's money in GMST. The idea being that the stock has risks, and while it is OK for a savvy investor who understands the risks to make an investment, it may be imprudent to risk another person's money in such a stock. Perhaps reasoning that with more assured bets like QCOM, why go out on a limb. (The argument may then be extended that if you would not invest someone else's money in this way, perhaps you should think twice about investing your own - or invest in a small/cautious manner.)

At least, that's what I got out of it - the key word in Pala's post being "another's money" his advice to tekboy who was discussing moving his wife's money into gorilla stocks.

Certainly Pala was making a broad statement, and someone who manages money for a spouce/friend quickly spoke up and disagreed.

StockHawk